Amazon tax bill falls despite profits leap


These are external links and will open in a new window Email Getty Images While the numbers are big, this set of accounts gives only a glimpse of the true state of Amazon’s tax affairs. Amazon Services UK runs customer service and warehouses in the UK – actual retail sales are routed through a different company. Turnover was just under £2bn, operating profits nearly tripled to just under £80m, but the company was able to reduce its tax liability by deducting part of the payments it makes to staff in the form of company shares….

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