UK: MPs ready to "haul Amazon back to parliament" for questions after investigation suggests it is "pushing the tax rulebook to its limits" - includes company comments

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16 May 2013

Fresh questions for Amazon over pittance it pays in tax [UK]

Author: Ian Griffiths & Simon Bowers, Guardian [UK]

MPs are ready to haul Amazon back to parliament to answer new questions about its tax status in Britain after a Guardian investigation's findings suggest the online retailer is pushing the tax rulebook to its limits to minimise its tax bill. Company filings showed Amazon's main UK company paid just £3.2m in corporation tax on sales of £320m last year. However, the Seattle-based group has told investors its 2012 UK sales were £4.2bn. The Guardian investigation has found…tax authorities unable, or unwilling, to prevent the imposition of aggressive tax avoidance structures…An Amazon spokesman said: "Amazon pays all applicable taxes in every jurisdiction that it operates within. Amazon EU serves tens of millions of customers and sellers throughout Europe from multiple consumer websites in a number of languages dispatching products to all 27 countries in the EU. We have a single European headquarters in Luxembourg with hundreds of employees to manage this complex operation." [also refers to Google, Ernst & Young,

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15 May 2013

Amazon paid £3m tax on £4bn UK sales

Author: Juliette Garside, Guardian [UK]

Amazon's main UK subsidiary paid just £3.2m in tax last year…despite overall UK sales of £4.2bn. Amazon's taxes for last year are only marginally higher than the £2.5m the company received in government grants during the year, according to the annual accounts…The online retailer's tax charge brings to £6m the total corporation tax raised from Amazon…in a decade…Amazon…reduced payments to the British government by routing sales via a subsidiary in Luxembourg. The UK company declared a turnover of £320m for 2012, up 50% on 2011. Amazon gives a fuller picture of its UK revenues on regulatory filings to US investors, and this data showed a growth in UK turnover of 20% during 2012, to $6.5bn (£4.2bn). [also refers to Apple, Google]

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24 January 2013

Tax avoidance - an introduction

Author: compiled by Business & Human Rights Resource Centre

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