Amazon had sales income of €44bn in Europe in 2020 but paid no corporation tax

Despite lockdown surge the firm’s Luxembourg unit made a €1.2bn loss and therefore paid zero corporation tax Fresh questions have been raised over Amazon’s tax planning after its latest corporate Continue Reading

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McDonald’s to scrap Luxembourg tax structure

Fast-food chain’s reorganisation means £800m from restaurants in Europe will flow through the UK instead McDonald’s is to scrap its controversial Luxembourg tax structure in a corporate shakeup that means Continue Reading

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The Fibonacci sequence as a cure for insomnia | Brief letters

Tax havens | Justin Gatlin | James Morrison | Metric versus imperial | Ejaculation | Codeword clues Your article “Netherlands and UK ‘top choices for tax havens’” (26 July) is Continue Reading

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