Amazon Europe Unit Paid No Taxes on $55B Sales in 2021

  • > “We are investing heavily in creating jobs and infrastructure across Europe – more than 100 billion euros since 2010”, an Amazon representative said. “Corporation tax is based on profits, not revenues, and last year Amazon EU Sarl made a loss as we opened more than 50 new sites across Europe and created over 65,000 well-paid jobs, taking our total European permanent workforce to over 200,000”, the spokesperson added.

  • People and news sites who write articles on corporate taxes like this never seem to get that taxes are based on profits and not revenue. Sometimes I wonder if it's willfully done to get a reaction out of their readers.

  • Because you don't pay corporate taxes on sales.