Amazon EU Tax Case: Amazon wins $303 million tax case in European Union
Synopsis Europe's second-top court has annulled an EU order to Amazon to pay about €250 million in back taxes to Luxembourg, part of an EU crackdown against unfair tax deals between multinationals and European Union countries. AP Brussels:Europe's second-top court on Thursday annulled an EU order to Amazon.com Inc. to pay about €250 million ($303.28 million) in back taxes to Luxembourg, part of an EU crackdown against unfair tax deals between multinationals and European Union countries. The Luxembourg-based General Court said Amazon had not enjoyed a selective advantage in its tax deal w...
Source: indiatimes.com