Amazon shifts up to £8.2bn of UK revenues to Luxembourg, report finds

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Amazon shifts up to £8.2bn of UK revenues to Luxembourg, report finds
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  • 📰 The Independent
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Exclusive: Governments are subsidising the growth of a monopoly by allowing ecommerce giant to legally report billions of pounds of sales in a tax haven, argues report commissioned by Unite union

That dominance has grown rapidly during the pandemic as people have become increasingly reliant on technology. The power of that shift was underlined last month when Amazon reported more than $100bn of global sales in the previous three months alone. Microsoft,

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