Amazon.com Inc. and eBay Inc., two of the world’s largest online marketplaces, have put pressure on their rivals by publicly signing up to the U.K.’s latest efforts to crack down on value-added tax fraud.
The U.K. government May 29publisheda list of companies that have signed up to the measure so far: Amazon, eBay, and U.K.-based e-marketplace Fruugo.com Ltd. This comes after itscallApril 25 for e-marketplaces to publicly commit to tackling VAT fraud among traders using their online platforms.
Targeting VAT fraud among online marketplaces has become a priority for the U.K.’s tax authority, largely due to ...
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