Amazon: £7bn sales, no UK Tax.
Amazon: £7bn sales, no UK Tax.
Out of context: Reply #7
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- raf0
It is competition. Countries compete for companies and their tax with tax rates. Nothing wrong with it.
For example, of all EU, only France and Luxembourg decided to apply lower VAT rate on ebooks. Most EU countries in Europe use the lower rate on paper books but not on ebooks.
It would make little financial sense for a large publisher/retailer not to sell their ebooks from those two countries.