THE AMAZON METHOD HOW TO TAKE ADVANTAGE OF THE INTERNATIONAL STATE SYSTEM TO AVOID PAYING TAX Richard Phillips - Jenaline Pyle - Ronen Palan The Amazon method: How to take advantage of the international state system to avoid paying tax Study for The Left in the European Parliament B-1047 Brussels, Belgium +32 (0)2 283 23 01
[email protected] www.left.eu About the Authors: Richard Phillips CEO and chief Investigator, Iconomist Ltd and Honorary Senior Research Fellow, CITYPERC, City, University of London Jenaline Pyle PhD Candidate, Department of International Politics, City, University of London Ronen Palan Professor of International Political Economy, City, University of London and holder of an ERC Advanced Grant 2 | The Amazon Method: How to take advantage of the international state system to avoid paying tax PREFACE To this end, the strategists of aggressive tax planning exploit the loopholes that originate from the differences between jurisdiction and their various inadequate tax regulations. In other words, they create a kind of arbitrage profit through the planned interaction of the multinational group of companies in the international sate system. With the onset of the coronavirus pandemic in the The damage to society is huge. Every year, spring of 2020, the international association of multinational corporations shift over US$ 1.38 trillion Amazon workers called for all warehouses to be in profits to tax havens. Worldwide, US$ 245 billion closed, so that they would not have to continue in direct tax revenues are lost in this way. However, risking their health for the company. But their call fell it is difficult to make precise statements about the on deaf ears.