The investigation by the UK’s House of Commons into multinational companies that pay little or no income tax to the British government on considerable revenues generated from UK customers has produced at least a little something tangible. Earlier in the month Amazon broke out for the first time sales from Amazon.co.uk over the past three years. (The committee document–found via the Bookseller–suggests they thought it was provided “on a confidential basis.”) Amazon’s UK sales were £2.910 billion in 2011; £2.360 billion in 2010; and £1.865 billion in 2009. Their Luxembourg subsidiary collected and remitted £416 million in UK VAT in […]
