Amazon UK pays corporation tax for first time since 2020
https://www.theguardian.com/technology/2024/sep/26/amazon-uk-pays-corporation-tax-for-first-time-since-2020
Posted by corbynista2029
Amazon UK pays corporation tax for first time since 2020
https://www.theguardian.com/technology/2024/sep/26/amazon-uk-pays-corporation-tax-for-first-time-since-2020
Posted by corbynista2029
2 Comments
“Amazon UK Services paid £18.7m last year, as British arm raked in sales of £27bn”
That seems a very low rate, but probably makes sense based on expensive accountants and such
Amazon took advantage of a tax relief designed to encourage investment in the UK, by investing in the UK. There’s the story.