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Amazon now pays even LESS tax while struggling High Street firms pay up to 20 times more

• https://www.mirror.co.uk

EXCLUSIVE: The online retailer paid £4.6million last year – or just over 6% on profits of £72million – despite the firm's UK sales soaring by a quarter to £8.8billion in 2017

Amazon has declared its lowest UK corporation tax bill in five years as the web giant was accused of killing the high street.

The online retailer paid £4.6million last year – or just over 6% on profits of £72million – despite the firm's UK sales soaring by a quarter to £8.8billion in 2017.

Meanwhile, British retailers with similar UK sales paid up to 20 times as much tax.

One campaigner said: "We need to rebalance the system."

Amazon rang up record UK sales last year as its declared profits here soared three-fold – yet slashed its corporation tax bill by over a third.

A Mirror investigation has found the online giant pays just a fraction of the corporation tax of its High Street rivals, levied at 19% on company profits

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