Tech

Movie: Amazon’s Luxembourg-based European business loses money & euros; 1.2 billion in 2021, which means it pays no income tax and receives & euros; 1 billion tax credits, above & euros; revenue of 51.3 billion (Benoit Berthelot / Bloomberg)




Benoit Berthelot / Bloomberg:

Movie: Amazon’s Luxembourg-based European business loses 1.2 billion euros in 2021, meaning it pays no income tax and gets 1 billion euros in tax credits, on sales of 51.3 billion euro– Amazon.com Inc’s main European retail business. reported a loss of 1.2 billion euros ($1.2 billion) in 2021…





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