{"id":5213,"date":"2022-02-07T10:05:23","date_gmt":"2022-02-07T10:05:23","guid":{"rendered":"https:\/\/uniglobalunion.org\/?post_type=report&p=5213"},"modified":"2022-02-09T12:22:26","modified_gmt":"2022-02-09T12:22:26","slug":"amazon_tax_report","status":"publish","type":"report","link":"https:\/\/uniglobalunion.org\/report\/amazon_tax_report\/","title":{"rendered":"Amazon.com’s hidden worldwide subsidies"},"content":{"rendered":"
Amazon, the $1.<\/span>4<\/span>\u00a0trillion tech juggernaut and notorious tax-<\/span>dodger,<\/span>\u00a0is not only vying for<\/span>\u00a0more consumers\u2019 dollars, it also aggressively seeks taxpayers\u2019 money. According to a new report by UNI Global Union and Good Jobs First, Amazon has systematically secured economic development subsidies that now total at least $4.7 billion globally<\/span>\u00a0over the past decade<\/span>.\u00a0<\/span>\u00a0\u00a0<\/span><\/p>\r\n From Buenos Aires to Hyderabad, the available evidence\u00a0<\/span>pulled from\u00a0<\/span>public records, investor reports and company statements\u00a0<\/span>suggests Amazon<\/span>\u00a0h<\/span>as an insatiable appetite for public subsidies<\/span>.<\/span>\u00a0The tax breaks received for opening data centres, warehouses or office complexes that help Amazon gain<\/span>\u00a0a<\/span>\u00a0market-share advantage are likely much larger. According to the authors of the report \u201cdue to poor disclosure practices in most countries, the costs of such deals are hidden: the total is undoubtedly significantly higher.\u201d\u00a0\u00a0<\/span>\u00a0\u00a0<\/span><\/p>","protected":false},"excerpt":{"rendered":" From Buenos Aires to Hyderabad, the available evidence\u00a0pulled from\u00a0public records, investor reports and company statements\u00a0suggests Amazon\u00a0has an insatiable appetite for public subsidies.\u00a0The tax breaks received for opening data centres, warehouses or office complexes that help Amazon gain\u00a0a\u00a0market-share advantage are likely much larger. According to the authors of the report \u201cdue to poor disclosure practices in most countries, the costs of such deals are hidden: the total is undoubtedly significantly higher.\u201d\u00a0\u00a0\u00a0\u00a0<\/p>\n","protected":false},"author":15,"featured_media":5209,"template":"","global-issues":[],"sectors":[11],"cross-sector-groups":[],"workers-rights":[31],"regions":[87,86,85,84],"class_list":["post-5213","report","type-report","status-publish","has-post-thumbnail","hentry","sectors-commerce","workers-rights-uni-amazon-global-union-alliance","regions-uni-africa","regions-uni-americas","regions-uni-asia-pacific","regions-uni-europa"],"acf":[],"yoast_head":"\n