AMAZON TRYING TO HIDE INCOME

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  • ray156
    DK Veteran
    • Dec 2009
    • 669

    #1

    AMAZON TRYING TO HIDE INCOME

    MPs condemn Amazon executive over tax payments.

    The Public Account's Committee's Nick Smith (Labour) has described an Amazon executive's failure to answer questions over tax as pathetic.
    Andrew Cecil, Director of Public Policy at Amazon, was quizzed about the company's structure, and the way this affected the reporting of profits in different territories.
    Margaret Hodge, the chair of the committee, described him as not being a "serious" representative for Amazon to put before her committee.

    SEE VIDEO: BROUGHT DOWN LIKE A 2 YEAR OLD.

    BBC News - MPs condemn Amazon executive over tax payments
  • Canker_Canison
    V.I.P. Member
    • May 2010
    • 3905

    #2
    The problem is that they're not breaking any laws.

    If you had a business that became very successful, wouldn't you like to keep more of your hard earned money...instead of giving it to the tax man.

    Don't get me wrong. I believe they should be paying a lot more tax. But you can't blame them for using existing rules & regulations to limit what they have to pay.
    Canker

    "Animal, vegetable or mineral... I'll do anything, to anything, with anything"
    - The Baby Eating Bishop of Bath & Wells
    [COLOR=Green]

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