UK loses â¹8,300 cr on fraud, error by Amazon, eBay sellers
The British government has said it is losing up to Â£1 billion (about â¹8,300 crore) a year in value added tax (VAT) because of fraud or error by sellers on online retailer platforms Amazon and eBay. Amazon has also been criticised in Britain for using complex corporate structures to avoid paying tax on the profits it makes from UK customers.