currently appealing the case it argues that the revenues in question a subject to u.s. tax rules instead meanwhile luxembourg was also singled out by the commission on wednesday ruling that it has granted online shopping giant amazon on due tax benefits for the past eight years leading around three quarters of its profits untaxed the e.u. says that gave it an unfair advantage over other companies. not justified amazon now has to repay the tax benefit worth around two hundred fifty million euros plus interest the commission s position is clear it states that no matter your flag or ownership paying your taxes is part of doing business in the european union. the crisis in spain over the catalonia independence vote has investors on the edge of their seats most european markets finished wednesday s trading session with losses there was one notable exception germany s benchmark