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    from the telegraph.


    The company disclosed the investigation in a filing with US financial regulators. It was alleged that the company recorded sales of more than £7.6bn in Britain over the past three years without paying corporation tax.

    Amazon does not disclose how much tax it pays in Britain.

    However, its main UK subsidiary, Amazon.co.uk, is regarded as a "service company" rather than a retailer.

    That means that the British company provides services to a parent company based in Luxembourg, where the tax rate is lower, the Guardian said.

    HM Revenues & Customs declined to comment on whether it was examining Amazon. The report added that the investigation could be a routine audit.

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