I’ve never actually looked at what their effective tax rate is, probably quite low I guess

But it does amuse me when the likes of the daily mail say X company paid Y tax on revenue of Z....

Revenue is irrelevant to the level of tax that gets paid

Posted By: SimonOTBC on August 30th 2018 at 08:51:04

Message Thread

Anyone thinking of getting amazon prime... (General Chat) - loz, Aug 30, 08:12:22
- I am taking advantage of the month free trial to watch us open (n/m) (General Chat) - revsimon, Aug 30, 16:44:15
- Can I quit and rejoin? (n/m) (General Chat) - Charles21, Aug 30, 11:07:55
- Is there a link for that? Can only find £79 for the year. (n/m) (General Chat) - Trent_Canary, Aug 30, 08:28:44
  - It’s on the homepage (n/m) (General Chat) - loz, Aug 30, 09:10:38
    - Oh yes! Cheers. (n/m) (General Chat) - Trent_Canary, Aug 30, 09:46:00
- which is approximately their yearly tax bill (General Chat) - ghostof barry butler, Aug 30, 08:23:17
  - Which is do what exactly? (General Chat) - SimonOTBC, Aug 30, 08:39:16
    - sell your goods from a low tax jurisdiction (General Chat) - CWC, Aug 30, 11:05:33
      - Lux Corporate tax rates are higher than UK rates (General Chat) - SimonOTBC, Aug 30, 11:22:04
        
        even on an effective rate basis? (General Chat) - CWC, Aug 30, 14:14:58
        
        You could well be right about digital, I don’t use that service (General Chat) - SimonOTBC, Aug 30, 14:47:35
    - I dont know about the Amazon business model (General Chat) - ghostof barry butler, Aug 30, 08:46:08
      - Um, I wouldn't. (General Chat) - Bravo win or die, Aug 30, 08:58:08
        
        crack on mate (General Chat) - ghostof barry butler, Aug 30, 09:12:54
        
        ? By buying a subscription to the Financial Times? (General Chat) - Bravo win or die, Aug 30, 10:28:51
        
        link somehow didnt work (General Chat) - ghostof barry butler, Aug 30, 11:09:46
      - We could all try and do the same. (General Chat) - APB, Aug 30, 08:55:44
      - I’ve never actually looked at what their effective tax rate is, probably quite low I guess (General Chat) - SimonOTBC, Aug 30, 08:51:04
    - Which must be why Bezos is so rich :) (n/m) (General Chat) - CauldRon, Aug 30, 08:43:34
      - That’s the value of amazon shares rather than loads of profit, isn’t it? (n/m) (General Chat) - SimonOTBC, Aug 30, 08:48:40
        
        Well I guess both on reflection. Profit must be what drives the value afterall (n/m) (General Chat) - SimonOTBC, Aug 30, 08:51:53
        
        Hey, I have Amazon Prime (General Chat) - CauldRon, Aug 30, 09:07:19
- Already have it. (n/m) (General Chat) - CROYDONCANARY, Aug 30, 08:19:45

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