Amazon to raise fees on Spanish vendors due to new digital tax

Amazon to raise fees on Spanish vendors due to new digital tax

FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern
FILE PHOTO: The logo of Amazon is seen at the company logistics center in Lauwin-Planque, northern France, Feb 20, 2017. (Photo: REUTERS/Pascal Rossignol)

MADRID: Amazon will raise fees for Spanish companies using its platform by 3 per cent from April after the government imposed a digital tax, a company document seen by Reuters showed.

An Amazon spokesman confirmed the so-called Google tax, which Spain began charging on revenues of large digital companies from Thursday (Jan 21), would hit users of its services.

Countries around the world are examining ways to tax global tech companies on revenues generated in their economies in the absence of wider agreement on how to tackle their growing role in business and commerce.

The spokesman added that Amazon advocates a global approach rather than taxes imposed by individual countries.

The Amazon document confirmed an earlier report by Spanish online media El Confidencial.

Amazon announced a similar move in France after the government there also approved a "Google tax". 

Source: Reuters/kv

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