Amazon wins EU court fight over $300 Million tax ruling
Shortpedia
Content Team
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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 Amazon and Luxembourg's government amounted to illegal state support. The EU's executive branch ordered the US online retailer in 2017 to pay around 250 million euros ($300 million) in back taxes to Luxembourg.
