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Amazon

World news about “Amazon” published by euronews.

26/05 13:52 CET

Amazon gets onside of new law and will pay UK taxes on UK sales

Amazon gets onside of new law and will pay UK taxes on UK sales

Online retailer Amazon has become the first tech multinational of its kind to abandon much-criticised corporate structures that allow it to avoid paying corporation tax in Britain. For the last 11 years Amazon has booked its UK sales in Luxembourg. Last year these totalled 7.47…