Amazon Booms News Today : Breaking News, Live Updates & Top Stories | Vimarsana

8 Mar 2021 British Chancellor of the Exchequer Rishi Sunak is planning on marshalling a global effort among industrialised nations to introduce a so-called ‘Amazon tax’ in response to online companies reaping the rewards of restrictions on small businesses during the pandemic. The Chancellor is looking to come to an agreement among nations on how to implement a global tax on online companies before the G7 meeting in Cornwall this June. Implementing such a tax would require global cooperation, as the company is currently taxed under international treaties through the Organisation for Econo...

12 Jan 2021 The coronavirus lockdowns implemented by the British government will force at least a quarter of a million small businesses to shut down for good if they are not bailed out by the taxpayer, business leaders have predicted. Over the next year, at least 250,000 are expected to go under, according to a survey conducted by the Federation of Small Businesses (FSB). The number of firms saying that they are on the brink of collapse is the highest since the beginning of the economic crisis caused by the Chinese coronavirus and the ensuing draconian restrictions foisted upon the public. Th...