Daily Mail

Amazon wins legal battle with the EU over Luxembourg tax deal

Daily Mail logo Daily Mail 12/05/2021 22:56:17 Daily Mail City & Finance Reporter
a close up of Lauren Sanchez, Jeff Bezos posing for a picture: MailOnline logo © Provided by This Is MoneyMailOnline logo

Amazon has defeated the EU in a legal battle over the bloc's order to pay £215million in back-taxes. 

Brussels claimed the online shopping giant did a deal with Luxembourg that broke competition rules and allowed the firm to pay less than was rightly owed. 

But European judges overturned the order and said the bloc failed to prove Amazon benefited from preferential treatment. 

a close up of Jeff Bezos et al. posing for a picture: ( © Provided by This Is Money(

It is a setback to EU competition chief Margrethe Vestager's fight to force tech firms to pay more tax, after a defeat over demands Apple pay more in Ireland. 

Amazon, founded by billionaire Jeff Bezos, said the ruling was in line with 'our longstanding position that we followed all applicable laws and received no special treatment'. 

Luxembourg said the judgment showed the deal was not state aid. 

Vestager said she would examine the ruling before deciding whether to appeal to Europe's top court 

Read more
jeudi 13 mai 2021 01:56:17 Categories: Daily Mail

ShareButton
ShareButton
ShareButton
  • RSS

Suomi sisu kantaa
NorpaNet Beta 1.1.0.18818 - Firebird 5.0 LI-V6.3.2.1497

TetraSys Oy.

TetraSys Oy.