Another area in which Amazon has found another tax loophole in order to evade taxes is:
- They make use of foreign based companies to receive payments from customers in another country.
What is a Tax Loophole?
This refers to the legal clauses which the rich people and corporations exploit in order to evade paying tax or paying as much as other people.
One tax loophole which is being used by Amazon to evade tax is the use of foreign based companies to receive payments from customers in another country and bypass HMRC.
Read more about tax loopholes here:
https://brainly.com/question/10248969
