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Amazon Pays £492Mn Tax In UK As Sales Hit £20.6Bn

Amazon, a leading online shopping company, has paid £492 million in taxes on sales which rose 50% to £20.63 billion, as COVID-19 pandemic continues to trigger demand for its services. The company, which said it had invested £32bn in UK infrastructure since 2010, disclosed the tax payment in its latest financial results It stated: “We […]

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Amazon, India’s Cloudtail To End Business Relationship

Amazon.com Inc, a leading U.S. leading technology companies, and one of its biggest sellers in India, Cloudtail, disclosed on Monday their intention to end their relationship, following years of allegations that Cloudtail received preferential treatment. In a statement jointly issued by the partners, the two partners confirmed that they had mutually decided not to extend […]