Tag Archives: tax

Euro Commission thinks Amazon’s tax arrangements could be illegal

The antitrust regulators investigating Amazon’s tax agreements with Luxembourg believe the decade-long arrangement may be incompatible with free market rules. An investigation into Amazon’s tax terms with Luxembourg was established in October, following a period of prolonged negative publicity for Amazon (and others, such as Apple and Starbucks) concerning the …

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EU report rules Apple’s tax breaks in Ireland are illegal

A new EU report has stated that tax deals struck between Apple and Ireland are illegal. The deals, inked in 1991 and 2007 between the tech firm and the country’s government, were examined as part of an investigation by the European Comission’s anti-trust authority into the wider question of unlawful …

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Video games contributed £1bn to UK in 2013

A new report from TIGA says that the video games industry contributed 1.02bn to the UK economy in 2013. That’s up from 947m the year before, and resulted in tax revenues of 419m for the Treasury. The total number of people employed by the sector is up too, from 9,224 …

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MP calls for UK shoppers to boycott Amazon amidst tax row

Labour MP and chair of the public accounts committee Margaret Hodge has called for UK shoppers to boycott online retailer Amazon. That’s because Amazon UK paid just 4.2m in tax to the UK treasury this year (and 3.2m the year before) despite registering sales to the tune of 4.3bn. That …

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