Looks like EU Tax Authorities are homing in on Amazon and the other slippery tax dodgers :-

But the good times may be ending. Tax authorities across Europe are investigating Amazon, and it could end up with a tax bill of up to £1 billion.

Amazon EU Sarl’s accounts say: ‘It is reasonably possible that the company will receive tax assessments from various tax authorities in the future that may or may not ultimately result in payments of additional taxes.’

Tax advisers say the statement goes well beyond what would normally appear in company documents and that it suggests the company is already facing questions from tax authorities around Europe.

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