Amazon UK’s managing director Christopher North has defended the on-line retailer’s controversial tax arrangements, which saw the company pay just £3.15m UK tax in 2012, despite pulling in £4.3bn of sales from UK shoppers in 2013.
North said that having a single business, based in low-tax Luxembourg, is “the right structure for the business”, according to reports from The Guardian.
He added that if Amazon was to re-structure its current tax arrangements, “millions” of products would have to been withdrawn from the UK website.
“I would defy anybody to find a way to have 120m products available to UK customers if Read full story ›
Source: The Drum
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