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The group’s complaints about Amazon will be familiar to the Americans whose jaws dropped upon learning the megacorporation effectively paid no US taxes at all in 2019, even netting a fat IRS rebate. This year, the firm paid a scanty $162 million in US taxes on 2019 earnings of $13.9 billion – a fraction of the federal corporate tax rate of 21 percent.
Neither Amazon nor the Cabinet Office were willing to comment on the arrangement when asked by the Mirror, though the Office defended the panel in a general sense as “an important part of our engagement as we look to improve procurement rules.”
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