Fiscal Policy & Regulation
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Fiscal Policy & Regulation
Looking at Fiscal Policy, primarily in the UK
Curated by Bruce Fellowes
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Rescooped by Bruce Fellowes from Microeconomics: IB Economics
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HMRC outlay on Amazon over six times what firm paid in corporation tax – GMB | Technology | The Guardian

HMRC outlay on Amazon over six times what firm paid in corporation tax – GMB | Technology | The Guardian | Fiscal Policy & Regulation | Scoop.it
UK tax authority spent £11m to use online giant’s web-hosting services in 2018, says report

Via Graham Watson
Graham Watson's curator insight, June 11, 2019 3:06 AM

Just a great story, with both Economic and Business Management impact - it seems remarkable that HMRC pays more to Amazon Web Services for its cloud computing than it receives in corporation tax, according to the GMB.

 

Tax avoidance? The diversification of Amazon? You choose.

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Asda forced to repay suppliers after breaching fair dealing code

Asda forced to repay suppliers after breaching fair dealing code | Fiscal Policy & Regulation | Scoop.it
Grocer breached ‘overarching principle of fair dealing’, says industry regulator – but report stops short of calling for inquiry
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Rescooped by Bruce Fellowes from Microeconomics: IB Economics
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Supermarket watchdog's oversight may extend to Amazon and Boots | Business | The Guardian

Supermarket watchdog's oversight may extend to Amazon and Boots | Business | The Guardian | Fiscal Policy & Regulation | Scoop.it
Grocery Code Adjudicator hopes to win new powers after complaints from suppliers

Via Graham Watson
Graham Watson's curator insight, June 25, 2018 3:47 PM

The Grocery Code Adjudicator (GCA) is looking to expand its scope - including new retailers such as Amazon and Boots. In the former case, this seems inevitable, given the quantity of groceries that Amazon now sell, and the likelihood of further moves in that direction. 

 

However, Boots - it seems a little bit more unnecessary, but by the sound of the article - it's more the result of complaints from suppliers who feel that the company is using its market power