July 14, 2024


Expect exquisite business

Boris Johnson challenges Jeff Bezos on Amazon tax at New York meeting

“Good trade of concepts on climate modify with a great deal of passion about preserving and restoring the natural world,” Mr Bezos wrote on Instagram.

“There may well also have been a side discussion about who’s improved – Asimov or Clarke. The conference was beneficial and pleasant.”

Mr Bezos’ girlfriend, the Tv set presenter Lauren Sanchez, also attended the conference at Britain’s diplomatic residence in New York. Mr Bezos stepped down as Amazon main executive this summer months but remains executive chairman.

Downing Avenue explained Mr Johnson had also welcomed the Earth Fund’s motivation to invest $1bn in grants this year, focused on conservation endeavours.

“They talked about the future COP26 summit and agreed that there was an urgent require to mobilise far more public and non-public revenue to assist acquiring nations around the world shield biodiversity, which include via the LEAF Coalition [a consortium of governments and companies which include the United kingdom and Amazon focused on safeguarding forests],” the spokesman explained.

“The Primary Minister welcomed the Bezos Earth Fund’s motivation, announced tonight, to give $1bn to shield forests and remove carbon from the air. The Primary Minister and Mr Bezos agreed to get the job done collectively to see what far more could be completed in the operate up to and at COP26.”

The G7 nations agreed this summer months to move forward on new rules to power significant companies to pay out far more tax in their significant investing marketplaces. Having said that, there have been problems that Amazon will not pay out considering that its financial gain margins are often down below the 10pc agreed by the G7.