Kris Holt / Engadget
Amazon reportedly paid no income tax on $55 billion in European sales in 2021 – Although Amazons main European business saw an increase in sales to around $55 billion last year, the company avoided paying income tax. It posted a loss of 1.16 billion euros ($1.26 billion) and it even received 1 billion in tax credits. According to filings obtained by Bloomberg, the credit was …
