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The online auction site eBay shaved almost £50million from its corporation tax bill in Britain by legally channelling payments through Luxembourg and Switzerland, it has emerged. The U.S. firm ...
“We have to work with colleagues in Luxembourg where eBay is based for European purposes. We were in touch with the Luxembourg data protection authority yesterday.” EBay notified users of the ...
It is thought eBay used legal tax-avoidance schemes, which saw it channel payments through Luxembourg and Switzerland. The group is the latest firm to see its tax payments come under scrutiny ...
We have a single European HQ in Luxembourg.” EBay paid just £620,000 in corporation tax last year after generating sales of more than £1.3billion. The company sends fees paid by sellers in ...