Finance and Reporting

Amazon is accused of evading taxes by declaring a major part of its revenues in low-tax Luxembourg

They insist that telecom firms already face more taxes than other multinationals

Amazon declares most of its revenues in low-tax Luxembourg - enough that, if all the sales were genuinely made there, it would have supplied about £78,000 worth of goods to each resident

The social media firm has continued to benefit from a surge of users and advertising amid pandemic

Google's total revenue in the quarter of 2021 increased 62 per cent, to $61.88 billion

The incentive could entice businesses to pay ransoms - funding continued criminal activity

The agreement will now be discussed at the G20 meeting in July

Amazon and Facebook are the worst tax offenders, according to new analysis

Competition regulators failed to prove that Amazon received an unfair advantage from local tax rulings

PCs, gaming and data centres drove company growth