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Tesco and other UK companies rally for proposed sales tax for online retailers
Britain’s largest private employer Tesco is at the forefront of the call for a 1% UK sales tax aimed at online shopping giants such as Amazon. The proposed sales tax is also backed by 18 other supermarkets, retail property holders, & high street chains across Great Britain. Amazon has announced that UK sales rose by 51% to £19.3 billion in 2020 thanks to, at least in part, the COVID-19 pandemic.
EUROPEwww.independent.co.uk
CENTERwww.forbes.com
Top in Business
Or why don't tesco try to compete instead of throwing a tantrum and running to the government. Amazon is giving big supermarkets a taste of their own medicine after what they did to small, local businesses.