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

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

May 12, 2021 Share 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 su...

Amazon Wins Case Against EU Regulators Over Luxembourg Taxes - Vimarsana News

Amazon Wins Case Against EU Regulators Over Luxembourg Taxes

Emmanuel Dunand/AFP via Getty Images hide caption toggle caption Emmanuel Dunand/AFP via Getty Images A view of Amazon's headquarters in Luxembourg. The online retail giant on Tuesday prevailed at the European Union's second-highest court in a major tax case. Emmanuel Dunand/AFP via Getty Images Amazon has won a major court fight against a European Commission order that it pay 250 million euros ($303 million) in back taxes to Luxembourg deemed "illegal state aid." The General Court of the European Union is based in Luxembourg, where Amazon has its Europ...

Source: npr.org
EU court overturns ruling ordering Amazon to pay $300 million - Vimarsana News

EU court overturns ruling ordering Amazon to pay $300 million

A European Union court has overturned a ruling that said a tax deal between Amazon and the Luxembourg government amounted to illegal state support.

Amazon Wins Case Against EU Regulators Over Luxembourg Taxes – Nation & World News - Vimarsana News

Amazon Wins Case Against EU Regulators Over Luxembourg Taxes – Nation & World News

Amazon Wins Case Against EU Regulators Over Luxembourg Taxes By Scott Neuman  May 12, 2021 Amazon has won a major court fight against a European Commission order that it pay 250 million euros ($303 million) in back taxes to Luxembourg deemed “illegal state aid.” The General Court of the European Union is based in Luxembourg, where Amazon has its European headquarters. It rejected the European Commission’s contention that the online retailing giant enjoyed a selective advantage in the tax deal. “The Commission did not prove to the requisite legal standard that there was an undue reduc...

Source: wuft.org
KUOW - Amazon Wins Case Against EU Regulators Over Luxembourg Taxes - Vimarsana News

KUOW - Amazon Wins Case Against EU Regulators Over Luxembourg Taxes

A view of Amazon's headquarters in Luxembourg. The online retail giant on Tuesday prevailed at the European Union's second-highest court in a major tax case. Credit: AFP via Getty Images Amazon Wins Case Against EU Regulators Over Luxembourg Taxes By at 7:27 am NPR Amazon has won a major court fight against a European Commission order that it pay 250 million euros ($303 million) in back taxes to Luxembourg deemed "illegal state aid." The General Court of the European Union is based in Luxembourg, where Amazon has its European headquarters. It rejected the Eu...

Source: kuow.org