EU orders Amazon to pay 250 millions euros in taxes to Luxembourg

in #amazon • 7 years ago


The EU turned the screw on US tech giants Wednesday, ordering Amazon to repay Luxembourg 250 million euros in back taxes and referring Ireland to the top EU court for failing to collect billions from Apple.

Europe’s competition chief Margrethe Vestager accused tiny Luxembourg of an illegal deal with internet shopping giant Amazon to pay less tax than other businesses

Amazon said
We believe that Amazon did not receive any special treatment from Luxembourg and that we paid tax in full accordance with both Luxembourg and international tax law,” Amazon said in a statement after the announcement

#taxes #eu #millions
7 years ago in #amazon by
$0.00
    2 votes
    Reply 0

    Coin Marketplace

    STEEM 0.17
    TRX 0.13
    JST 0.027
    BTC 59500.17
    ETH 2654.95
    USDT 1.00
    SBD 2.41