Thread: Amazon UK Unpacked: Sad Conditions at the Rugeley Warehouse
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Old 03-18-2013, 04:16 AM   #117
murraypaul
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Quote:
Originally Posted by Rizla View Post
It is important to remember that on top of their poor employment practices, Amazon only paid $3.2m of tax on $7.2bn of profit over 3 years in the UK. That's a tax-rate so small I have trouble working it out. Is it lower than 0.01%? Why does the UK government allow this company to operate?
Amazon may have made $7Bn profit selling to people in the UK, but Amazon UK did not make $7Bn of profit.
Whenever you buy from the Amazon UK website, you are making a sales contract with Amazon EU. Amazon EU then pay Amazon UK (roughly at cost) to actually fulfil the order. All of the profit stays with Amazon EU, and is taxed at Luxembourg rates rather than UK rates.
Last edited by murraypaul; 03-18-2013 at 04:19 AM.
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