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Monday, November 18, 2019

Amazon's not so secret war on taxes Essay Example | Topics and Well Written Essays - 750 words

Amazon's not so secret war on taxes - Essay Example Amazon gains an advantage in the market but is that superior position justified on the basis of the fact that Amazon has the best strategy for dodging taxes as it is an online store while other big stores such as Barnes & Noble and Wal-Mart are traditional stores. Many of the businesspersons argue that a company’s superiority or success in the market can be recognized by the type and quality of products and services that they offer instead of their tax schemes. Amazon played a major role in preventing the law to be changed and used its power to argue to claims about taxes on internet purchases. The sales tax is an important consideration as there is a lot on question. The sales tax allows the state governments to collect a fair amount for infrastructure facilities, parks, schools, and streets, the big stores have their retail primacy at stake, and customers have their money and way of shopping at stake. But on the other hand, Amazon is most widely known for being customer frie ndly, affordable, crackling, and a reputed online store. Behind this is the truth of the struggling battler that stands firmly on its principle. However, the strong power and aggression of the other retail stores broke the tax avoidance scheme of Amazon and led the states to pass the Marketplace Fairness Act. Thus, with this act, all the efforts of Amazon to prevent the laws from changing ended in ultimate failure. Eventually, Amazon supported it too as it has physical existence in many of the states with their warehouses and had professionals working.

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