Amazon splits European sales
Amazon has started booking revenue from retail sales in individual European countries, instead of channelling all sales through low-tax Luxembourg.
The change was made from May 1, a company spokesman told the Wall Street Journal. Amazon said it had started preparing to diversify its retail sales structure two years ago, according to reports.
The change at the e-commerce company has come amid greater scrutiny of corporate tax avoidance on both sides of the Atlantic in recent years.