From July 1, Australia will be slapping a 10-percent value-added tax onto goods bought from Amazon. The aim: to fix the tax loophole encouraging "worldwide shopping." Amazon has responded by implementing changes.
The German cabinet has approved a draft law which would oblige online marketplaces such as eBay and Amazon to collect sales taxes for transactions involving foreign sellers.
US internet giant Amazon has said it will block Australian shoppers from its international websites. It's a move to counter new tax laws on online purchases and "the massive administrative burden."
Once the go-to store for toys, Toys 'R' Us is now set to close more than 700 stores, affecting some 30,000 employees. The company sold major brands including Barbie maker Mattel, Lego and board game company Hasbro.
This week in pictures: the US says so long to the Paris Agreement, the EU looks to China on climate issues, pythons on the loose in Florida and threats to the Brazilian rainforest.
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