Monday, 25 May 2015
You know how massive corporations often find clever and completely legal ways of paying less tax than they really should despite it being a reprehensible and predatory way to do business with an entire nation? Well, Amazon has caved into pressure from Europe and will soon start paying tax on items it sells in the UK and some other European countries, according to reports over the weekend. It previously routed those transactions through Luxembourg, known as a favourable location for tax purposes, in order to pay a lower amount overall. However, as a result of changing its reporting procedures, it could…
This story continues at The Next Web
