Amazon: 7 Billion in European Profits, no Tax (guardian.co.uk)

It is unfair that big companies like Amazon avoid paying taxes while the old traditional bookshop companies who play by the rules and pay taxes can hardly survive the competition. It is time to stop this unfair practices by the new high tech companies such as Amazon, Apple, eBay, etc...

"If the same profit margin was applied, this would have generated taxable profits of £266m-£360m"

incorrect to say £7 Billion Profits.