Shareholders urge Amazon to boost tax transparency - FT

FILE PHOTO: The logo of Amazon is seen on the door of an Amazon Books retail store in New York City, U.S., February 14, 2019. REUTERS/Brendan McDermid

(Reuters) - Twenty-four Amazon investors are urging the tech giant to step up transparency in tax disclosures and adopt a new reporting standard, the Financial Times said on Sunday.

Asset managers Nordea, Royal London and several large European and U.S. pension funds are among those pushing for Amazon to issue a transparency report in line with Global Reporting Initiative (GRI) tax standard, the newspaper said.