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An Amazon delivery driver in Hawthorne, California. Photograph: Patrick T Fallon/AFP via Getty

How is it possible for a company to report record revenues of €43.8 billion, but a loss of €1.2 billion that means it does not have to pay any tax? T(...)

Corporate filings in Luxembourg showed that Amazon EU Sarl had record sales of €43.8 billion last year, up from €32 billion in 2019.   Photograph: Patrick T Fallon/AFP/Getty Images

Online retailer Amazon paid no corporation tax on its operations in Europe in 2020 despite enjoying record sales income of €43.8 billion, according to(...)