Amazon paid just £15m in tax on European revenues of £19.5bn

Online retailer’s UK warehouse and logistics operation more than halved its corporation tax bill from £15.8m to £7.4m

Amazon paid just €16.5m (£15m) in tax on European revenues of €21.6bn (£19.5bn) reported through Luxembourg in 2016.

The figures, published in Amazon’s latest annual accounts for its European online retail business, are likely to reignite the debate about US tech companies using complex crossborder arrangements to minimise the tax they pay across the continent.

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