Amazon and eBay face crackdown over VAT fraud by overseas sellers
by Simon Bowers from Technology | The Guardian on (#YGF2)
UK Treasury looking at 'all possible options' after claim that big online marketplaces collaborate with vendors over tax evasion on popular goods
Top tax officials are exploring whether Amazon and eBay can be forced to foot the bill for ballooning VAT fraud associated with an army of small overseas sellers who are rapidly coming to dominate sales of many popular items on Britain's leading shopping websites.
A Guardian investigation has found that hundreds of high-value gifts including Apple watches, iPads, Fitbits and Panasonic cameras are being sold on Amazon's UK website without VAT being charged.