deduction

Rishi Sunak Budget ‘super deduction’ could wipe Amazon corporation tax bill to ZERO, say campaigners

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Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its corporation tax bill, campaigners warn

by

Rishi Sunak’s ‘super deduction’ could let Amazon wipe out its bill: Online giant’s corporation tax could be cut to zero, campaigners warn The online retail giant’s British sales soared 51 per cent to £19.4billion last year Its warehousing arm paid £6.3mil in tax in 2019 despite raking in £3bn in sales But campaign groups say … Read more