I have had enough of photos of smirking dot-com bosses in the financial pages of the press. Jeff Bezos in the Sunday Times today (17th September) looks like the cat who has got the cream. It is time that governments acted to spoil his not-so-little game, and that of the other VAT/Corporation Tax avoidance mega-corporations that increasingly dominate our lives.
Sunday, 17 September 2017
Surely not difficult to disrupt VAT fraudsters using Amazon's facilities
Amazon are accused of conniving in VAT fraud by foreign sellers who distribute their products from Amazon warehouses in the UK. Surely if the vendors fail to pay VAT, i.e. are acting illegally, then HMRC have a simple solution; impound the goods, or better still get a court order preventing thhem from being shipped from Amazon's warehouse until back-date VAT bills are settled. This will make the process unprofitable for their foreign owners and disrupt Amazon business as well as deny them the related commission, so a double whammy, at least for Amazon.a