Britain loses 1 billion pounds through VAT fraud and error by Amazon and eBay sellers

LONDON (Reuters) - Britain is losing up to 1 billion pounds a year in value added tax (VAT) because of fraud or error by sellers using online marketplaces eBay and Amazon, a report by the government auditor said.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-tax-amazon-ebay-idUKKBN17L1NL?feedType=RSS&feedName=topNews