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Amazon paid £3m tax on £4bn UK sales

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]