Amazon defeats EU in bid to collect $303 million in taxes May 17, 2021
BRUSSELS, Belgium: In a setback to competition chief Margrethe Vestager’s campaign against preferential deals, Amazon won its fight against an EU order to pay about $303 million in back taxes to Luxembourg.
The bloc failed to show that Luxembourg had given the U.S. online retailer special treatment in violation of state aid rules, the EU’s General Court ruled on May 12.
The ruling follows Vestager’s landmark defeat against Apple last year, which had contested an order that it pay $15 billion in Irish back taxes.
Both Amazon and Apple were targeted by Vestager in a crusade to weed out tax deals used by EU states, including Luxembourg and the Netherlands, to attract large companies.
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Amazon wins against an EU order to pay $303m in taxes
Both Amazon and Apple were targeted by competition chief Margrethe Vestager to stamp out tax deals used by EU states
Reuters
May 13, 2021
Amazon rejected the portrayal, accusing the newspaper of having ignored or omitted key elements in its investigation. PHOTO: REUTERS
Amazon won its fight against an EU order to pay about $303 million in back taxes to Luxembourg in a blow to competition chief Margrethe Vestager s crusade against preferential deals.
The setback renewed calls from EU lawmakers for a global corporate tax deal and legal analysts said Vestager was unlikely to give up her pursuit of large companies over the amount of tax they pay.
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