Amazon tax ruling: an early Christmas present
14 December 2023
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Today, the European Court of Justice ruled that Luxembourg did not provide illegal state aid to Amazon through a tax deal. The ruling overturns the 2017 decision from the European Commission ordering Amazon to pay back 250 million euros in unpaid taxes to the Grand Duchy.
Governments are letting big business off the hook when it comes to paying the billions they owe in tax, Oxfam said in reaction to the latest decision of the European Commission on Luxembourg's tax deal with online retailer Amazon.