Amazon and tax.

This is an amazing TED talk by the man who started Amazon.

www.ted.com/talks/nick_hanauer_beware_fellow_plutocrats_the_pitchforks_are_coming

Same here, granjura. Even when they said they would pay tax, I thought I would wait and see how much before I started using my Kindle again.
Seems I was right.

Exactly. Mind you, I know many people who think that their tax policy is disgusting and unfair, and then are back on the net ordering from them 2 mins later. I don't use them- even though it would make life easier at times.

Do you believe it is lies Ana? If not, do you have a view about it?

My view is : If Amazon is paying taxes fairly, in whatever country they are located, then they should make that clear.
If George Osborne does not believe that Amazon is paying UK taxes fairly, then he should take action on it.

www.taxresearch.org.uk/Blog/2015/06/25/the-big-tax-question-on-amazon-remains/

He says exactly what I think about it. Luxembourg Amazon says it had a loss! In that case Amazon should close the Luxembourg office.

"Amazon’s booming UK business paid just £11.9m of tax last year, while the online retailer’s Luxembourg unit took £5.3bn of sales from British internet shoppers without being subject to UK tax, according to company filings.

The Amazon group posted a strong UK performance in 2014, with overall takings rising by more than 14% to £5.3bn. However, its British-based Amazon.co.uk Limited subsidiary recorded a profit of just £34.4m and tax of £11.9m, according to results filed at Companies House this week."

They are still trying to fiddle their taxes.

But surely it must be all lies if it's in the DM? Or have things changed...