Tag Archives: AMAZON

EU court says Amazon won’t have to pay its $300 million tax bill

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Amazon has won an EU appeal after being hit with a €250 million ($303 million) tax bill by the European Commission (EC) in 2017, the WSJ has reported. After a similar decision in favor of Apple, the judgement is another setback for the EU in its effort make US tech giants pay more taxes. 

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Apple, Spotify, More Streaming Services Pay $424 Million in Unmatched Royalties for Songwriters and Publishers

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On Wednesday, the Mechanical Licensing Collective announced it had received $424.38 million in unmatched royalties from Apple Music, Amazon Music, and Spotify among other streaming services. Variety reports that these streaming services paid the accrued historical unmatched royalties, often called “black box money,” to the MLC in order to get these royalties to copyright holders, songwriters, and publishers who have applied to be MLC members.

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Amazon may offer hand recognition payments to other stores

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Amazon’s rumored hand recognition payment tech might be useful beyond paying for produce at Whole Foods. Wall Street Journal sources say the company is developing hand-based checkout terminals that it would sell to “coffee shops, fast-food restaurants” and other stores that tend to have repeat customers, not just Whole Foods.

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