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Yeah, the reason AMZN doesn't pay UK tax is NOT because they are not profitable. It is because they legally avoid taxes by basing all their EU operations out of
by SpikeGronim 13y ago
Yeah, the reason AMZN doesn't pay UK tax is NOT because they are not profitable. It is because they legally avoid taxes by basing all their EU operations out of Luxemburg. Tax codes need reform world-wide to avoid this kind of bad behavior.
- icebraining 13y agoSo if Etsy sells something to Portugal, should you pay Portuguese corporate taxes? I'm sure we won't mind the income ;)
- newaccountfool 13y agoThat's different Amazon actually has property in the UK, large warehouses, staff among other things.
- icebraining 13y agoEtsy also ships physical things, the only difference is that they subcontract to a delivery company, who obviously doesn't pay taxes over Etsy's profits. But actually, it's not different, because Amazon also subcontracts, the only difference is that the subcontracted delivery company is named... Amazon. So what they're doing is the same as any companies that ships products to the UK, except that they happen to own both companies and they have similar names. I fail to see the reason why should Amazon UK pay for the profits earned by Amazon Luxembourg, when DHL or whoever don't pay for Etsy's profits that come from the UK.
- newaccountfool 13y agoShall we remove all there distribution centres then? Since they can just have a global warehouse in Luxembourg? Since they don't need them.