Tech

Filing: Amazon had sales of €44B in Europe in 2020, but made a €1.2B loss and therefore paid no corporate tax (Rupert Neate/The Guardian)


Rupert Neate / The Guardian:

Filing: Amazon had sales of €44B in Europe in 2020, but made a €1.2B loss and therefore paid no corporate tax  —  Despite lockdown surge the firm’s Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax  —  Fresh questions have been raised over Amazon’s tax planning …

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