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Slightly misleading title. The UK authorities are trying to lay £1.5bn in taxes on Amazon 3rd party sellers, and Amazon isn't helping enough to make that happen
by mabbo 9y ago
Slightly misleading title. The UK authorities are trying to lay £1.5bn in taxes on Amazon 3rd party sellers, and Amazon isn't helping enough to make that happen. The current title implies that it's Amazon who owes that tax, which isn't the case.
- fazkan 9y agocouldnt agree more...and to top it off they paywalled it...
- grahamel 9y agonothing wrong with a newspaper doing that, you can read it without paying: > Receive complimentary access to two articles from The Times and The Sunday Times every week
- pmjordan 9y agoI don't know if they still do it, but some years ago when I lived in the UK and later when I ordered something from amazon.co.uk while visiting, some items such as DVDs, which were marked as "sold by Amazon" were actually shipped by a channel islands (Jersey?) based company. The channel islands aren't in the EU or the UK's VAT system, so by splitting the order into shipments below the UK's import VAT threshold, they could avoid charging VAT. I don't know if that scheme still works, as non-EU businesses that do above a certain amount of EU based trade need to register for EU VAT. (including getting an "EU" prefixed VATIN)
- mnwg 9y agoNo, that was stopped some time ago https://www.theguardian.com/business/2012/mar/15/vat-loophole-on-cds-closed https://www.theguardian.com/business/2012/mar/15/vat-loophol...
- dpwm 9y agoI seem to remember the name of one of the companies Amazon used as "Indigo Starfish."
- pmjordan 9y agoThat's the one!
- mabbo 9y agoNow Amazon has a boatload of fulfillment centers inside the UK. Faster shipping time requirements and higher volumes makes it more economical- despite the tax costs- to have their product much closer to the customer.