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, Aug 30, 11:05:33
Written & Designed By Ben Graves 1999-2025