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Amazon wins EU court fight over $300 million tax ruling

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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 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.

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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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Amazon wins $300M EU court battle over back taxes

Amazon wins $300M EU court battle over back taxes
Al Jazeera English
© Judges at the European Union's General Court said the European Commission did not prove 'to the requ...
Judges at the European Union's General Court said the European Commission did not prove 'to the requisite legal standard that there was an undue reduction of the tax burden of a European subsidiary of the Amazon group' [File: Andrew Kelly/Reuters]
A European Union 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.
In 2017, the European Commission ordered the United States-based online retailer to pay around 250 million euros ($300m) in back taxes to Luxembourg.

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Amazon has won a $ 300 million EU court battle over taxes Court news

An EU court overturned a European Commission ruling in 2017 that required Amazon to pay $ 300 million in taxes to Luxembourg.A European Union court on

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EU court sides with Amazon in $300M tax case

EU court sides with Amazon in $300M tax case
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Amazon.com Inc. has won a key appeal against a 2017 decision by the European Commission, the European Union’s executive branch, that ordered it to pay about €250 million in back taxes to Luxembourg.
The company’s legal victory came in the form of a ruling issued today by the bloc’s second-highest court. The General Court of the European Union ruled that the “contested decision must be annulled in its entirety.”
The beginnings of the legal saga can be traced much further back than the 2017 European Commission decision, to 2006, when Amazon organized its EU operations around two subsidiaries. The first subsidiary, Amazon EU SARL, collected all the company’s e-commerce revenue in the bloc. The subsidiary moved most of the profits from those e-commerce sales to a second, Luxembourg-based Amazon unit called Amazon Europe Holding Technologies SCS that didn’t have to pay taxes.

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EU court: Amazon tax deal with Luxembourg was legal | The China Post, Taiwan

BRUSSELS (AP) â 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 âto 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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Amazon wins €250m EU back tax battle - CityAM : CityAM

Amazon wins €250m in EU back tax battle
(Getty Images)
In a fight over back taxes, Amazon will not have to pay €250m to the city of Luxembourg, Europe’s second-highest court heard today.
The General Court said that the online retail giant had not received a selective advantage.
“The Commission did not 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 judge said.
In its efforts to tackle corporate tax avoidance, the European Commission ordered Amazon EU and Amazon Europe Holding Technologies to pay back the sum in 2017.

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