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Amazon reached 6,000 million in Spain in 2021, up 11%, and increased its investment by 48%.

Latest NewsAmazon reached 6,000 million in Spain in 2021, up 11%, and increased its investment by 48%.

Amazon recorded a total gross revenue from its operations in Spain of 6,000 million euros in 2021, up 11% from the 5,400 million euros recorded last year, the e-commerce giant revealed this Friday.

The company claims that last year it paid more than 292 million euros in taxes, which is 11.8% more. Thus, over €224 million of direct taxes were paid, which include taxes on payroll and social security, as well as corporate taxes and taxes paid on the acquisition, construction of land, digital services and import duties. In fact, employees’ personal income tax is also counted as their own, an amount that should be excluded from the taxes they actually have to pay.

The multinational also reports that last year it collected €68 million more in indirect taxes as a result of its activities in Spain, including VAT and taxes paid by its employees held by the company. The company also does not have to pretend to pay these taxes because the VAT is carried forward after it has been paid. It’s just a transmitter. And the taxes your employees pay belong to them, not to the company. In fact, Amazon is part of a group of tech giants known for developing financial strategies and business structures to pay less taxes. Amazon’s case is paradigmatic because its European headquarters is in Luxembourg, where it has tax advantages. This practice, which is legal, raises concerns from the Internal Revenue Service.

Major international organizations have spent years trying to plug these sheds of fiscal engineering. The European Commission, the OECD or the G20 have spent months trying to pass a tax so that such companies pay taxes where they do business, not where they are headquartered. In addition, nearly two hundred countries have agreed to set a minimum corporate tax rate of 15% to guarantee minimum taxation for these global corporations, which are able to have subsidiaries in more tax-friendly territories.

Amazon Italy and Spain Vice President and CEO Mariangela Marcella stressed that the multinational corporation is a “appropriate engine” for the Spanish economy. “Since we launched Amazon in Spain in 2011, we have invested more than 10,500 million euros in the country and we currently employ 18,000 people,” he recalled. “We have committed to recruiting 25,000 permanent employees and training 50,000 SMEs and entrepreneurs in online sales in Spain by the end of 2025,” Marcella said of the company’s commitment to increase the workforce in Spain.

Strong investment in the country

He thoroughly knows all sides of the coin.

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Amazon increased its investment in Spain by 48% in 2021 to 3,700 million euros, reinvesting more than half of its revenue last year. Thus, in 2021, the multinational corporation opened several new headquarters and currently has a logistics network of approximately 40 sites scattered throughout Spain, between operational and corporate offices.

The company indicated that in addition to these positions, it is working to expand its software development centers – Tech Hubs – in Madrid and Barcelona, ​​which employ about 600 software developers, computer engineers and data scientists, and earlier this year announced the Lab126’s arrival at the Technology Center of Madrid, where it will hire 100 people to work on the next generation of devices. Amazon reminded that it also invests in tools and support for companies that use its technologies and services.

So in 2021 they had over 12,000 Spanish SMEs selling their products on their marketplace. Thus, almost half of these SMEs exported their products worldwide, achieving international sales of over 650 million euros. In addition, these suppliers have created over 30,000 jobs. Spanish SMEs sold more than 60 million items in Amazon stores in 2021, up 70% from 2020. In addition, the company is committed to training 50,000 companies by 2025 with the skills they need to sell globally.

For its part, Amazon Web Services (AWS) is also helping Spanish companies grow and support their digital transformation in Spain. It will open a new infrastructure region in Spain that will allow Spanish clients, including SMEs, start-ups, large companies or the government. agencies, run workloads and store data in Spain and serve your end users with even lower latency. Located in Aragon, the new AWS Europe (Spain) region represents an additional €2.5 billion investment and an estimated 1,300 new full-time jobs over the next 10 years.

Commitment to sustainable development

On the other hand, Amazon, the first signatory to The Climate Pledge, has committed to achieving zero carbon emissions in its global business by 2040, a decade ahead of the goal of the Paris Agreement. In terms of sustainability investment, the company has become the largest corporate renewable energy buyer in Spain with 14 renewable energy projects in the country – solar and wind – with a total capacity of over 1.4 gigawatts (GW).

In addition, in 2022 they will stop using plastic bags for products shipped through the logistics network in Spain itself, and in 2020 the sale on Amazon.es of some single-use plastic products, such as cotton buds and straws, will be banned. , cutlery, plates or stirrers for drinks, and those made of oxide-degradable plastic.



Source: elpais.com

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