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-   -   UK government gave Amazon a tax break last year (https://www.madshrimps.be/vbulletin/f22/uk-government-gave-amazon-tax-break-last-year-216260/)

Stefan Mileschin 22nd July 2022 14:23

UK government gave Amazon a tax break last year
 
Even while its revenue climbed to £6.1 billion.

While most British businesses pay huge amounts of tax it seems that Amazon not only lives tax free but gets a rebate from the UK government.


Amazon UK Services Limited, the online retailer's core UK branch that includes the firm's network of warehouses, was awarded a tax credit of just over £1 million last year by HM Revenue and Customs - even though the company's profits rose almost 60 per cent.

The tax break was a part of €1 billion in tax credits that European nations gave to Amazon EU Sarl, the US company's Luxembourg-based division. This was a significant rise from the €56 million in tax advantages Amazon's European branch received a year earlier.

https://fudzilla.com/news/55190-uk-g...reak-last-year


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