Shareholders urge Amazon to boost tax transparency - FT


FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

(Reuters) - Twenty-four Amazon investors are urging the tech giant to step up transparency in tax disclosures and adopt a new reporting standard, the Financial Times said on Sunday.

Asset managers Nordea, Royal London and several large European and U.S. pension funds are among those pushing for Amazon to issue a transparency report in line with Global Reporting Initiative (GRI) tax standard, the newspaper said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Ambani's Reliance lobbies India minister on satellite spectrum in new face-off with Musk
Study: Recycling old cables may provide copper needed for green tech
Japan's Rapidus and Denso to share advanced chip design methods, says Nikkei
Yes, I'm in a forest: WhatsApp finally gets video chat backgrounds
Zoom to get realistic digital avatars that can replace you in videos
Opinion: Is your login data safe with password managers?
India's Star Health says it received $68k ransom demand after data leak
Portuguese school sets world record for largest programming lesson
Google wants US judge's app store ruling put on hold
Analysis-Tesla's sporty, two-seater robotaxi design puzzles experts

Others Also Read