In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax
In the latest setback to European Union efforts to tackle corporate tax avoidance, a court on Wednesday annulled a ruling by the European Commission that a tax deal between Amazon and Luxembourg s government amounted to illegal state support.
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Amazon wins EU court fight over $300 million tax ruling
A European Union court has overturned a ruling by the European Commission that a tax deal between Luxembourg s government and Amazon amounted to illegal state support
By SAMUEL PETREQUIN Associated Press
May 12, 2021, 1:09 PM
• 3 min read
The Associated Press
FILE - In this Feb. 19, 2013 file photo, the internet trader Amazon logo is seen behind barbed wire at the company s logistic center in Rheinberg, Germany. A European Union court annulled Wednesday, May 12, 2021 a ruling by the European Commission that a tax deal between the Luxembourg government and Amazon amounted to illegal state support. The Commission s decision related to Luxembourg s tax treatment of two companies in the Amazon group, Amazon EU and Amazon Europe Holding Technologies. (AP Photo/Frank Augstein, File)