Amazon Offers Tax Compromise
Amazon has offered a compromise its standoff with the state of California over its new online sales tax. The company has offered to build new distribution centers- creating jobs in the process- in exchange for exemption from the tax, the Wall Street Journal reported.
The company has offered to create 7,000 new jobs in exchange for not paying the tax through 2014.
Amazon announced that it was pulling out of the state once the tax was enacted, and has moved to place a ballot initiative overturning the new law.