New research into the possibly shady world of Amazon UK and its accountant friends in Luxembourg has emerged, with the company paying just £3.2m in corporation tax in the UK last year -- a figure made all the more laughable by the fact it claimed £2.5m in government grants. It's the world's biggest benefit claimant. Read More >>
Featured comment by squidfish:
"It isn't Amazon, or Starbucks or even Jimmy Carr at fault here. Only an idiot would voluntarily pay more tax than they legally need to. Don't talk to ..." More »
Two more tech giants have been caught shamelessly bodging their UK tax submissions, with Twitter accused of ignoring return filing dates and Microsoft said to be paying ZERO tax on a whopping great £1.7 billion of UK online income. Read More >>
The government is set to announce a renewed crackdown on large international tax avoiders, after evidence the big firms gave to the recent Public Accounts Committee hearing was described as "evasive" and "difficult to believe." Read More >>
Featured comment by ScyBy:
"Well yes, they're in tough times now (largely because of high public spending, a collapse in the property market and reduction in consumer spending) a..." More »
A parliamentary committee is to investigate the high-profile tax cases of Starbucks, Google and Amazon, with execs from the massive companies to face questions over their suspiciously low UK tax bills. Read More >>
Featured comment by spank86:
"It's more "quit whinging when you'd do the same" than "he without sin". Just because you don't have the opportunity doesn't change things," More »
Auction site eBay has joined the likes of Facebook, Vodafone and Apple on the list of dodgy tax avoiders, with reports claiming the retailer paid just £1.2m of tax on its massive £800m of UK sales. Read More >>
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