The U.K. tax office has almost doubled the number of sellers it red-flagged to global e-commerce giants Amazon Inc., Alibaba Inc. and EBay Inc. for tax evasion and non compliance in 2018.
The number of red flag notices—or joint and several liability (JSL) notices—that the U.K. tax office issued grew to 4,600 from 1,300 in Jan. 2018.
The notices are issued to alert online marketplaces of U.K. or overseas sellers that refuse to pay tax or don’t pay the correct value-added tax when goods are sold to U.K.-based customers. Her Majesty’s Revenue and Customs, the U.K. tax office, then ...
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