Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax

Home > Business
By Victor in Business
Updated 3 years ago

Fresh questions have been raised over Amazon's tax planning after its latest corporate filings in Luxembourg revealed that the company collected record sales income of €44bn (£38bn) in Europe last year but did not have to pay any corporation tax to the Grand Duchy. Accounts for Amazon EU Sarl, through...

amazon-had-sales-income-of-eur44bn-in-europe-in-2020-but-paid-no-corporation-tax