Amazon: £7bn sales, no UK Tax.
Amazon: £7bn sales, no UK Tax.
Out of context: Reply #12
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- akrok0
but if you bough stuff at Amazon.co.uk, you paid tax. right?
and they get to keep that from the gov. wicked.- Check your invoice. If VAT was paid, it likely went to the Revenue. The article is about corporation tax (income tax).raf
- i was thinking about sales tax.akrok
- VAT is not an equivalent of US sales tax but close. EU is working on forcing importer's VAT rates on all imports,raf
- ...now it varies, sometimes it's the importing country's rate sometimes the exporting one's.raf
- Generally, in B2B transaction buyer pays his local rate. In consumer transactions, it depends.raf