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would stories like this put websites like ebay in danger of shutting down?

October 24th, 2012 Leave a comment Go to comments

im in the uk, when i have the money, which is rare, i find ebay useful for buying rare things, but i just read this story before in yahoo uk news;

eBay ‘owes £51m in taxes’ to UK

eBay pays £1.2m in British taxes on sales of £800m: report

http://uk.finance.yahoo.com/news/ebay-pays-1-2m-british-174322345.html

so it caused me to be worried would stories like this put sites like ebay in danger of shutting down?

i dont understand the story very well so this is why i feared that, so if anyone can reassure or explain it better to me ?
doctor

what ? do you mind retyping in english, none of that made any sense.

Be very careful when buying "rare" things from eBay. They are often not what they seem and it is so easy to lose your money to a fraudster.

As far as the tax thing goes, no, they aren’t in danger of closing down.

What it means is that they’ve made use of tax loopholes to save themselves a load of money.

They say they haven’t done anything wrong so presumably they haven’t, but if they played fair and paid up like the rest of us they would have contributed a whole lot more money to the treasury purse.

Instead of that, because they are savvy and have smart accountants and tax advisers, they have found ways to hold onto almost everything they "earned".

  1. Doctor Justice.
    October 24th, 2012 at 10:40 | #1

    I never buy from a bay which is a shame but they force you to pay through pay pay (which is owned by e bay) I object to this.I want to pay as It may shut down. I want. I use Amazon.
    References :

  2. monkeymoo
    October 24th, 2012 at 11:28 | #2

    Be very careful when buying "rare" things from eBay. They are often not what they seem and it is so easy to lose your money to a fraudster.

    As far as the tax thing goes, no, they aren’t in danger of closing down.

    What it means is that they’ve made use of tax loopholes to save themselves a load of money.

    They say they haven’t done anything wrong so presumably they haven’t, but if they played fair and paid up like the rest of us they would have contributed a whole lot more money to the treasury purse.

    Instead of that, because they are savvy and have smart accountants and tax advisers, they have found ways to hold onto almost everything they "earned".
    References :

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