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Amazon Europe Unit Paid No Taxes on $55 Billion Sales in 2021 – Amazons main European retail business reported 1.16 billion euros ($1.26 billion) of losses in 2021, which allowed the company to pay no income tax and receive 1 billion euros in tax credits, corporate filings seen by Bloomberg show. From the report: The Luxembourg-based business recorded sales of 51.3 billion euros …
