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|Amazon: the world’s largest company is subsidised by you||1.11 MB|
Amazon Web Services (AWS) controls more than a third of the world’s cloud computing market and is by far the most profitable segment of Amazon’s business. While AWS accounts for only 13% of Amazon’s total revenues, it makes up 74% of the company’s operating profit. Over the last 5 years, the AWS business has grown exponentially, especially in the public sector.
This report focuses on the US, UK and Australia as case studies of Amazon’s global tax dodging and government contracts.