US President Donald Trump is not attacking the Company sector with his recent critiques of Amazon.com but Desires the Internet retailer to do more when it comes to Taxation, his economic adviser said on Wednesday.
“His view on Amazon is we’ve got to have a level playing field with respect to taxation,” Kudlow told colleagues in the White House. “They have improved their tax collections, but more could be accomplished.”
Stocks of Amazon have shrunk, also on Wednesday were down 0.3 percentage in mid-day commerce on the Nasdaq amid a wider losses on Wall Street on the hottest US-China trade spat that has drawn from the technology industry.
Seattle-based Amazon voluntarily collects state sales tax on things it sells direct to customers in all 45 states that impose you, but is not required to collect taxes on third party vendors using its Marketplace service.
Asked about that, and also the bulk transport speed that Amazon and other businesses pay, Kudlow said: “There is a whole lot of glitches because” but gave no other details.
Agents for the merchant couldn’t be immediately reached for comment.