Amazon avoids German tax
Amazon paid around 0.0004% of its German income in tax last year.
According to figures released byn Reuters, Amazon paid only €3 million in taxes in 2012 despite sales of around €6.8bn.
Amazon has cornered one-quarter of the online retail market in Germany with Germany being Amazon’s second largest market behind the US. However, as with its UK business, sales are channelled through its Luxembourg subsidiary.
The Luxembourg holding company reported €118m in profits in 2012 whereas in Germany Amazon reported only €10m profit.
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