Thread: Amazon UK Unpacked: Sad Conditions at the Rugeley Warehouse
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Old 03-18-2013, 05:26 AM   #118
Bilbo1967
Not scared!
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Location: Midlands, UK
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Quote:
Originally Posted by murraypaul View Post
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.
So Amazon use a (presumably legal) loophole to avoid paying tax in the country in which they actually make the profit. Hardly a shining example of rectitude.
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