> despite collecting record income, the Luxembourg unit made a €1.2bn loss and therefore paid no tax.
If they made a loss they pay no taxes. I'm not supporting tax avoidance but this is totally basic stuff. Most likely amazon grows and invests their profits to open new sites like Sweden and it costs money.
If they made a loss they pay no taxes. I'm not supporting tax avoidance but this is totally basic stuff. Most likely amazon grows and invests their profits to open new sites like Sweden and it costs money.