Amazon Under Investigation for Tax Evasion in Italy: Official

Amazon.com Inc. is under investigation in Italy for alleged tax evasion, said Francois Nuyts, Amazon’s chief for Italy and Spain.

The Seattle-based online retailer is cooperating with the probe, Nuyts said in a March 15 interview. “Amazon pays all applicable taxes in every jurisdiction where we operate, including Italy, and we are cooperating fully with the Italian authorities,” Nuyts said when asked about legal and tax issues.

“E-commerce is a low-margin business, and Amazon is in a phase of heavy investment, so profits are slim,” Nuyts said. “We are a retailer with a low-margin business and taxes are due on ...