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Amazon wins court battle against European Commission order to pay $300 M to Luxembourg - JURIST - News


May 13, 2021 11:59:39 am
The EU’s General Court on Wednesday annulled a European Commission decision from 2017, in which the Commission had found that a tax deal between the Luxembourg government and multinational tech company Amazon amounted to “illegal state aid.”
In 2017, Amazon was ordered by the European Commission, the EU’s politically independent executive arm, to pay approximately €250 million (USD $303 million) in back taxes to Luxembourg. The original decision was made in order to tackle corporate tax avoidance related to Luxembourg’s tax treatment of two companies in the Amazon group: Amazon EU and Amazon Europe Holding Technologies. It was argued by Margrethe Vestager, the EU official in charge of antitrust issues, that Amazon had unfairly profited from special low tax conditions since 2003 in Luxembourg, which is where its European headquarters are based. As a result of this, three-quarters of Amazon’s profits in the EU were not taxed.

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EU court: Amazon tax deal with Luxembourg was legal - New Delhi Times - India's Only International Newspaper


May 12, 2021
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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 the Luxembourg government and Amazon amounted to illegal state support.
The European Commission ordered the U.S. online retailer in 2017 to pay around 250 million euros ($300 million) in back taxes to Luxembourg. But judges at the EU’s General Court said the European Commission didn’t prove “to the requisite legal standard that there was an undue reduction of the tax burden of a European subsidiary of the Amazon group.”

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EU court: Amazon tax deal with Luxembourg was legal


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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)

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Amazon Wins $300M EU Court Tax Ruling

The EU has taken aim at deals between individual countries and companies that ultimately lead EU states to compete against each other.

Luxembourg , Brussels , Bruxelles-capitale , Belgium , France , French , Margrethe-vestager , Starbucks , European-union , European-commission , Amazon-europe-holding-technologies , European-court

Amazon wins EU court fight over $300 million tax ruling


ABC News
Turn on desktop notifications for breaking stories about interest?
OffOn
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)

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Amazon wins EU court fight over £214m tax ruling

The European Commission ordered the US online retailer in 2017 to pay around 250 million euros in back taxes to Luxembourg.

Luxembourg , France , French , Margrethe-vestager , Starbucks , European-commission , Amazon-europe-holding-technologies , European-court , A-european-union , European-union , Amazon-europe-holding , General-court

EU Court Upholds Legality Of Amazon Europe's Tax Deal With Luxembourg

SEATTLE (dpa-AFX) - The General Court of the European Union has annulled the European Commission's tax ruling against Amazon.com's (AMZN) subsidiaries in Europe. Amazon pursues its commercial activities

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EU court rules Amazon tax deal with Luxembourg was legal


Margrethe Vestager, the EU official in charge of antitrust issues, argued at the time that Amazon had unfairly profited from special low tax conditions since 2003 in tiny Luxembourg, where its European headquarters are based. As a result, almost three quarters of Amazon’s profits in the EU were not taxed, she said. Vestager didn't reply immediately to a request for comment.
Both Luxembourg and Amazon challenged the decision with the EU's General Court.
Credit: AP
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. (AP Photo/Frank Augstein, File)

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Court rules Amazon tax deal with Luxembourg was legal in setback to EU


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A European court on Wednesday annulled an earlier ruling that found a tax deal between Amazon and Luxembourg constituted illegal state support.
As The Associated Press reports, the European Union’s executive branch ordered Amazon in 2017 to pay around 250 million euros in back taxes to Luxembourg, alleging the country had granted it illegal state aid. However, the EU’s General Court ruled that the European Commission was unable to prove “to the requisite legal standard that there was an undue reduction of the tax burden of a European subsidiary of the Amazon group.”
The European Commission’s 2017 decision had to do with two of Amazon’s companies: Amazon EU and Amazon Europe Holding Technologies.

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