this post was submitted on 27 Jun 2025
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Canada
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Taxing Meta, Apple, and Amazon for business they do in Canada is an attack on the United States?
We didn't "just announce" it materialized three years ago and makes total sense to have in place from Canada's POV. Dumbass Trump is wrong and lying or both - yet again.
Not sure what applies o amazon. They do have advertising/sponsored listings, but don't know if tax applies on overall business.
Amazon Web Services is the world’s most popular cloud provider and where a massive chunk of their profit comes from. Lots of people don’t seem to know about it, but their logistics arms is almost like a side hustle compared to AWS
In Q1 2025, AWS accounted for 17% of Amazon's overall revenue but over 60% of its operating income.