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Pay no tax - The Luxembourg route - Amazon does it

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    Pay no tax - The Luxembourg route - Amazon does it

    Amazon Pays No UK Income Tax, Under Investigation - Slashdot

    Regulatory filings by parent company Amazon.com with the U.S. securities and exchange commission show the tax inquiry into the UK operation, which sells nearly one in four books sold in Britain, focuses on a period when ownership of the British business was transferred to a Luxembourg company.
    When us, honourable one man companies do it, HMRC has a go at us.

    It does say that HMRC is investigating - but let's see where that goes.
    Last edited by Optimus Prime; 6 April 2012, 21:57.

    #2
    Interesting, looking forward to the outcome

    Comment


      #3
      Originally posted by Optimus Prime View Post
      let's see where that goes.
      I kind of doubt we'll see it but where it goes is backhanders for HMRC bigwigs and a special deal for Amazon followed by ineffectual handwringing in the knocking shop laughingly referred to as the UK Parliament.

      Boo

      Comment


        #4
        I guess Amazon refused to pay for dinners at the Camerons' then.
        <Insert idea here> will never be adopted because the politicians are in the pockets of the banks!

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