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AMAZON $2 BILLION TAX FRAUD CONTROVERSY...

AMAZON $2 BILLION TAX FRAUD CONTROVERSY...

UK DAILY MAIL reports:

Amazon 'turns a blind eye' to £1.5bn VAT fraud which sees foreign sellers undercut law-abiding British traders

  • Amazon has been accused of profiteering from a multi-billion-pound VAT fraud 
  • MPs said the retailer was ‘turning a blind eye’ to organised criminals from China 
  • This takes up to £1.5billion a year from Treasury coffers and undercuts traders
  • Amazon blasted as foreign traders use warehouses without valid VAT numbers 

Read the full article...

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