Gulf News

Amazon must pay UK taxes, Bezos told

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LONDON. Prime Minister Boris Johnson said he told Jeff Bezos that Amazon.com Inc. must pay its fair share of taxes in the UK.

“When you sell many many billions worth of goods in the UK then you’ve got to expect to be taxed fairly in the UK,” Johnson told ITN yesterday, following his meeting with Bezos late Monday in New York.

Amazon has been the target of efforts by countries seeking an overhaul of the internatio­nal corporate tax system. In July, countries at talks hosted by the Organisati­on for Economic Cooperatio­n and Developmen­t pushed for a more balanced internatio­nal corporate tax system, setting a minimum corporate tax rate and establishi­ng a new regime for sharing the taxes imposed on the profits of multinatio­nal firms.

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