London Daily

Focus on the big picture.
Friday, Oct 09, 2026

Boris Johnson pleads with Jeff Bezos to pay Amazon’s swelling UK tax bill, seemingly to no avail

Boris Johnson pleads with Jeff Bezos to pay Amazon’s swelling UK tax bill, seemingly to no avail

UK Prime Minister Boris Johnson has attempted to confront Amazon founder and world’s richest man Jeff Bezos over his company’s minimal tax payments in the country during the UN General Assembly, Downing Street has confirmed.
The British leader met with Bezos and his girlfriend Lauren Sanchez in the UK diplomatic residence on Monday, discussing a range of topics including – but not limited to – Amazon’s extensive record of avoiding paying its fair share in taxes. While Bezos recently stepped down from his long-time post as CEO of the megacorporation, he remains a director on its board.

“The prime minister raised the issue of taxation, and hoped progress could be in implementing the G7 agreement on tax,” a Downing Street spokesperson confirmed to Yahoo News UK. The group also reportedly discussed Amazon’s less-than-stellar record on workers’ rights, as well as a recent pledge by Bezos to contribute $1 billion in the vague direction of “environmental conservation.”

For his part, Bezos described the conversation with the UK PM as “useful and enjoyable,” suggesting the erstwhile Amazon CEO came out ahead. A legal loophole allows Amazon to shift UK profits to tax havens like Luxembourg, even though for their reported numbers to all work out it would mean the company was somehow generating €62 million per Luxembourg employee – an absurd calculation on its face.

The G7 recently agreed on a global minimum corporate tax rate of at least 15%, hoping to make a dent in the pandemic of tax avoidance that multinationals have engaged in for so many decades, leaving their host countries’ poorer inhabitants to pick up the slack through austerity budgets and other misplaced punishments. The proposed plan would also require that at least 20% of large multinationals’ global profits are brought back to the countries in which they operate and taxed there, rather than in notorious tax havens like Luxembourg or the Canary Islands.

A recent analysis by union Unite examined 19 of Amazon’s UK-registered businesses, along with information publicly released by the company, and found that while it had declared £13.7 billion in UK sales in 2019 in its US accounts, in its UK filings it only admitted to £5.5 billion in sales for that same year, apparently having shifted billions in declared revenues to Luxembourg, the tiny country notorious for being used as a tax haven for the wealthy.

Co-founder of the Balanced Economy Project Nicholas Shaxson slammed the retail behemoth for using such infamous tax-dodging tactics to avoid paying its fair share, calling out Bezos’ firm for its “shenanigans in Luxembourg” and describing those activities as a “classic example of how our markets and tax systems have become corrupted” to the Independent newspaper last month. He noted that monopolies and tax havens are a natural partnership, since they “involve a mindset of antisocial behavior.”

Johnson’s official spokesman had previously reassured reporters that the PM would “raise this important issue” with Bezos during the General Assembly in New York. “We have been an advocate for an international solution to the tax challenges posed by digitalisation of the economy,” the spokesman insisted, noting Johnson would “very much be looking to raising that” with the e-tailing giant.

While the UN General Assembly is ongoing, it’s not clear if Johnson plans to meet again with Bezos to further discuss the tax issue, and no resolution to the problem has been announced. Amazon is also a favored target of US corporate-tax reformers due to its having skated paying less than half the corporate tax rate despite a year of record income in 2020. According to calculations by the Institute on Taxation and Economic Policy, the company avoided paying $2.3 billion in federal income taxes last year on a pre-tax income of $24 billion, itself a 73% increase from the previous year's income. The Covid-19 pandemic forced millions of people to alter their shopping habits to primarily online buying, creating an artificial need which Amazon has been only too happy to meet.
Newsletter

Related Articles

0:00
0:00
Close
UK and Germany Finalize Kensington Treaty to Strengthen Defense and Technology Cooperation
Britain Maintains Diplomatic Mission in East Jerusalem Despite Israeli Closure Deadline
English Councils Push Government to Rethink Proposed Funding Cuts
Scottish Homebuilding Falls to Lowest Level in 11 Years
BBC Chief Matt Brittin Defends Restructuring as Staff Challenge Job Cuts
UK Finance Warns High Energy Costs and Bond Yields Are Complicating Fiscal Outlook
UK Adopts All 44 Recommendations on Regulating AI in Healthcare
Chancellor John Healey Prepares Autumn Budget as Borrowing Costs Strain Public Finances
UK Investigators See Strong Indications of Iranian Link After RAF Fairford Security Operation
Laura Trott Pledges Tighter Controls on Political Activism in UK Classrooms
Welsh Ministers Launch Long-Term Review of North Wales and Anglesey Crossings
Welsh Government Orders 18-Month Study of Road Solutions Around Newport
Reform UK MP Sarah Pochin Faces Scrutiny Over £800,000 Second Home Purchase
British Households Grow More Concerned About Fuel and Energy Prices
NHS Leaders Warn of Rising Winter Pressure on Emergency Departments
Kemi Badenoch Proposes £2.3 Billion Employer National Insurance Cut for Young Workers
Middle East Conflict Could Erase UK Fiscal Headroom, Economists Warn
Manchester City Found Guilty of Multiple Premier League Financial Rule Breaches
UK Security Services Find Strong Indications of Iranian Role in RAF Fairford Incident
Costa Coffee Returns to Operating Profit on Iced Drinks and Menu Changes
Asos Warns Customers After Unauthorized Access to Retail App and Data
Kemi Badenoch Puts Growth and Deregulation at Center of Conservative Conference
Campaigners Warn of Deepening Social Care Crisis for Disabled Adults
Study Finds Rising Early-Onset Cancer Rates Among Adults Under 50 in Britain
UK Coach Operators Warn High Diesel Prices Could Force Route Cuts
FCA Opens Independent Review Into Handling of Epstein-Linked Whistleblower Case
Argentina Vows to Block Falkland Islands Offshore Oil Development
UK Chancellor Prepares Fiscal Measures and Welfare Reforms Ahead of Autumn Budget
Sainsbury’s and Morrisons Explore Potential Multi-Billion-Pound Merger
UK Weighs Tariffs on Chinese Electric Vehicles to Align With European Union
UK Threatens Diplomatic Expulsions Over Planned Closure of East Jerusalem Consulate
UK Energy Price Cap Hits Three-Year High as Middle East Conflict Raises Costs
Seventh Arrest Made in Suspected Terror Plot at RAF Fairford
Systemic Education Collapse Sparks Mass Student Uprisings in France
Green Party Faces Backlash Over Resolution Equating Zionism With Racism
Conservatives Debate Scrapping Environmental Rules for New Homes
Cornwall Insight Warns UK Energy Bills Could Approach £2,000 This Winter
UK Coach Operators Warn of Service Cuts as Diesel Prices Exceed £2
Scottish Parliament Approves £68 Billion Budget With New Tax and Property Measures
FCA Opens Independent Review Into Handling of Epstein Whistleblower
UK Government Drops Plan to Suspend Jury Trials in England and Wales
Bank of England Holds Interest Rate at 3.75% as Markets Watch November
Two Iranian Nationals Charged Over Alleged Plot Targeting Manchester Jewish Community
UK Fiscal Headroom Halves to £11 Billion Ahead of Budget, EY Warns
US Bomber Withdrawal From RAF Fairford Prompts UK Security Review
Sarah Wakfer Appointed Chair of Northern Ireland’s Health and Care Regulator
Scotland Housing Completions Fall to 11-Year Low Amid National Shortage
UK Water Companies Face Tougher Oversight and Unannounced Regulatory Inspections
Middle East Conflict Pushes UK Fuel and Wholesale Energy Prices Higher
Andy Burnham Raises Prospect of Second Brexit Referendum in Review of UK-EU Relations
×