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Boycott urged as Amazon pays £10m tax despite record sales

Shoppers have been urged to boycott Amazon after it paid £10 million corporation tax in Britain last year, despite achieving record sales of £4.3 billion.

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Amazon pays £10m UK tax despite record £4.3bn sales

Amazon paid £10 million corporation tax in Britain last year, despite achieving record sales of £4.3 billion.

Amazon accounts filed today showed the company had a tax bill of £10 million in 2013. Credit: Reuters

The US company's UK arm is registered to pay tax in Luxembourg, meaning it can avoid higher rates of tax.

Amazon.co.uk reported a 56% rise in profits to £17 million last year on a 13% rise in UK revenues.

Essex University's Professor of Accounting, Prem Sikka, said this may have put the company "under pressure from HMRC to adjust their inter-company agreements."

Amazon said it follows all the tax rules in every country where it operates. HMRC declined comment.

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