Amazon runs a business in the UK, they are owned by a parent company in Luxembourg that they pay the majority of all their revenue to, thus making almost no profit, thus paying very little in tax.
They run a business in the UK but pay almost nothing in tax, it should be fixed its not fair on small business owners who have to pay all of there tax and get hammered for it.
Can you not see how its a loop hole? It can so easily be fixed.
Revenue sent to a parent company abroad is deducted as an expense? I find that hard to believe.
According to this article[1], what they actually do is send the payments directly to the Luxembourg company, and Amazon UK is just classified as a delivery company. That makes sense, and frankly, it doesn't shock me. I'm from Portugal and I just bought some comics from an US company. Should they start paying Portuguese corporate taxes?
Yeah, the reason AMZN doesn't pay UK tax is NOT because they are not profitable. It is because they legally avoid taxes by basing all their EU operations out of Luxemburg. Tax codes need reform world-wide to avoid this kind of bad behavior.