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Amazon tax bill falls despite profits leap

Online retail giant Amazon's UK tax bill fell last year despite a near-trebling of profits.

Amazon UK Services' corporate tax bill was £4.6m, down from £7.4m a year earlier, latest accounts show.

But the division, which operates the warehouse "fulfilment centres", was able to defer £2.9m.

It meant that the company paid £1.7m in tax, even though pre-tax profits jumped from £24.3m to £72.3m. Amazon said it paid all the taxes required by UK law.

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BBC News

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