Thursday, May 16, 2013

Amazon "amazes" on Corporation Tax

I think we should send Amazon a clear message today, " pay your fair share of tax based on the economic activity and profit you make in this Country." Amazon are reported to have sales of 4.2 billion pounds in UK. Isn't it amazing that this multinational company manages to pay only 2.4 million pounds in UK Corporation Tax. It also now appears that Amazon has received some amazing support from the UK in grant hand outs. It pocketed 10.4 million pounds from Scotland in financial support for sites in Fife and Edinburgh in 2011 and 2.5 million from British tax payers in 2012.g. Lets hope Matt Britten, Googles vice-president, amazes the Commons Public accounts committee today and offers to pay up. Now wouldn't that be amazing! George Crane Fryent Councillor (See previous post on Corporation Tax in June and Nov last year.)

No comments:

Post a Comment