Should this article be classified into business or politics? It's about the change of the corporate tax policy.
Amazon UK pays corporation tax for first time since 2020
https://www.theguardian.com/technology/2024/sep/26/amazon-uk-pays-corporation-tax-for-first-time-since-2020
[quote]Amazon’s main UK division has paid corporation tax for the first time since 2020 after the end of a “super-deduction” tax break introduced by Rishi Sunak.[unquote]
<words>
rein in [Collins]To rein in something means to control it.
[quote]Analysts said the corporation tax payment was likely to have been prompted by lower capital spending by Amazon, as it has reined in warehouse expansion[quote]
tax break (US) = tax concession = tax incentive
offset [quote]Fewer government tax breaks and lower historical losses to offset against tax had also increased the bill, they said.
surmise [Collins]If you surmise that something is true, you guess it from the available evidence, although you do not know for certain.
sizeable [Collins]Sizeable means fairly large.
chunk [Collins]A chunk of something is a large amount or large part of it.
shunt [Collins]If a person or thing is shunted somewhere, they are moved or sent there, usually because someone finds them inconvenient.
GMB - general trade union
I don't like online shopping, because it's time consuming. Especially Amazon, because of its greedy way of management.
I don't like Furusato Nozei for the same reason, but I should be refunded some from government.
I pay tax too much to my local government and Japan. They are greedy, too. They should collect tax from Amazon, not me!
Amazon UK pays corporation tax for first time since 2020
https://www.theguardian.com/technology/2024/sep/26/amazon-uk-pays-corporation-tax-for-first-time-since-2020
[quote]Amazon’s main UK division has paid corporation tax for the first time since 2020 after the end of a “super-deduction” tax break introduced by Rishi Sunak.[unquote]
<words>
rein in [Collins]To rein in something means to control it.
[quote]Analysts said the corporation tax payment was likely to have been prompted by lower capital spending by Amazon, as it has reined in warehouse expansion[quote]
tax break (US) = tax concession = tax incentive
offset [quote]Fewer government tax breaks and lower historical losses to offset against tax had also increased the bill, they said.
surmise [Collins]If you surmise that something is true, you guess it from the available evidence, although you do not know for certain.
sizeable [Collins]Sizeable means fairly large.
chunk [Collins]A chunk of something is a large amount or large part of it.
shunt [Collins]If a person or thing is shunted somewhere, they are moved or sent there, usually because someone finds them inconvenient.
GMB - general trade union
I don't like online shopping, because it's time consuming. Especially Amazon, because of its greedy way of management.
I don't like Furusato Nozei for the same reason, but I should be refunded some from government.
I pay tax too much to my local government and Japan. They are greedy, too. They should collect tax from Amazon, not me!
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