Amazon and Ebay 'profiting from fraud by sellers who dodge VAT' in the UK
Online marketplaces like Amazon and eBay are profiting from fraud by sellers who dodge the VAT they should charge on sales in the UK, a British parliamentary report has said.
The "unfair and illegal" practice allows sellers based outside the EU to undercut British retailers by 20%, hitting sales hard and forcing many to cut staff or even shut down, said the House of Commons Public Accounts Committee (PAC).
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