Amazon

Amazon.com Inc. walked away from billions of dollars of public subsidies when it announced Thursday it was abandoning plans for an office complex in New York. But it can still qualify for federal tax breaks intended to help distressed communities by building a new Virginia data center in America’s wealthiest county.

Florida’s Chief Financial Officer was quick to jump on Twitter Thursday, after Amazon.com Inc. scrapped its plan for a headquarters in New York City, reminding the company about the state’s tax policies and good weather.

City Council members thrashed the retailer for its resistance to unions, working conditions at warehouses and its founder’s wealth.

Digital providers such as Amazon, Lyft and Uber are beating out older companies on expense reports.

A New York state lawmaker has introduced a bill that would make President Donald Trump’s “opportunity zones” tax break less valuable to real estate developers.

If growing instances of malware are any indication, the Internet of Things is the next big thing, and nine other big developments that happened in technology this past month.

The Securities and Exchange Commission has been taking a close look at how Amazon.com has been adhering to the new revenue recognition standard, particularly with regard to its Amazon Prime revenue, and Amazon has been pushing back in response to the SEC’s comment letters.

A 199A formula; changes in gifting; scams and scandals; and other highlights from our favorite tax bloggers.

Finance ministers are trying to strike a balance between luring business and addressing popular discontent about companies not paying their fair share.

Alphabet, Facebook and Amazon are among the U.S.-based multinationals facing the new levy.