Amazon in UK ‘paid less tax in 20 years than M&S in one year’ – report

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Amazon has paid less corporation tax in the UK over the last two decades than major retailers such as Marks and Spencer paid in one year alone&comma; it has been reported&period;<&sol;p>&NewLine;<p>An investigation by the Mirror found that Amazon UK Services had paid £61&period;7 million corporation tax in the UK in the last 20 years&period;<&sol;p>&NewLine;<p>It also found the company had turned over £6&period;86 billion in the UK since 1998&comma; but made £213 million profit – including five years of losses&period;<&sol;p>&NewLine;<p>Marks and Spencer paid £65&period;4 million corporation tax last year&comma; and £3&period;3 billion in the last two decades&comma; the newspaper found&period;<&sol;p>&NewLine;<p>It said Debenhams had paid £303 million since 2005 while Tesco’s corporation tax bill last year was £176 million&period;<&sol;p>&NewLine;<p>Tax campaigner Richard Murphy told the newspaper&colon; &OpenCurlyDoubleQuote;Amazon is taking advantage of the international tax system to exploit the UK&period; The UK and other countries let them&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;125235" aria-describedby&equals;"caption-attachment-125235" style&equals;"width&colon; 600px" class&equals;"wp-caption aligncenter"><a href&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2019&sol;02&sol;D487DF81-B943-4377-AA97-CFA14CC2BFEA&period;jpeg"><img class&equals;"size-full wp-image-125235" src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2019&sol;02&sol;D487DF81-B943-4377-AA97-CFA14CC2BFEA&period;jpeg" alt&equals;"" width&equals;"600" height&equals;"758" &sol;><&sol;a><figcaption id&equals;"caption-attachment-125235" class&equals;"wp-caption-text">Jeff Bezos<&sol;figcaption><&sol;figure>&NewLine;<p>&OpenCurlyDoubleQuote;It’s time for countries to cooperate to eliminate this type of thing&period; But the UK is still objecting to many of the reforms&period;”<&sol;p>&NewLine;<p>The Mirror’s investigation comes after the tech giant reported a rise in revenue and profits for the last three months of 2018 in its latest set of financial results&period;<&sol;p>&NewLine;<p>For the three months up to December 31&comma; the e-commerce firm said net sales were up by 20&percnt; on this time last year&comma; rising from 60&period;5 billion US dollars &lpar;£46&period;1 billion&rpar; to 72&period;4 billion dollars &lpar;£55&period;2 billion&rpar;&period;<&sol;p>&NewLine;<p>The company’s profits for the quarter were also up&comma; reaching three billion dollars &lpar;£2&period;2 billion&rpar;&comma; compared to 1&period;9 billion dollars &lpar;£1&period;5 billion&rpar; this time last year&period;<&sol;p>&NewLine;<p>Amazon founder and chief executive Jeff Bezos – also the world’s richest man – singled out virtual assistant Alexa as a key performer&period;<&sol;p>&NewLine;<p>He said&colon; &OpenCurlyDoubleQuote;Alexa was very busy during her holiday season&period; Echo Dot was the best-selling item across all products on Amazon globally&comma; and customers purchased millions more devices from the Echo family compared to last year&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;The number of research scientists working on Alexa has more than doubled in the past year&comma; and the results of the team’s hard work are clear&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;In 2018&comma; we improved Alexa’s ability to understand requests and answer questions by more than 20&percnt; through advances in machine learning&comma; we added billions of facts making Alexa more knowledgeable than ever&comma; developers doubled the number of Alexa skills to over 80&comma;000&comma; and customers spoke to Alexa tens of billions more times in 2018 compared to 2017&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;We’re energised by and grateful for the response&comma; and you can count on us to keep working hard to bring even more invention to customers&period;”<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68ed0c60a536c">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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