sell your goods from a low tax jurisdiction

and subcontract the costly warehousing & fulfilment part of the process to your entity in the high tax jurisdiction

So I am assuming Amazon UK are charging Amazon Lux at near cost (vs what XPO etc would charge), resulting in less of their overall profit being made in the UK, so preserving more of their margin to be taxed at Lux rates

Intrigued to see how Brexit will affect things if the UK becomes a tax haven itself, I suspect we will be encouraging companies like Amazon to do the reverse when selling into the EU

Posted By: CWC on August 30th 2018 at 11:05:33

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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