Court rules Amazon tax deal with Luxembourg was legal in setback to EU

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By Hardik in Business
Updated 3 years ago

A European court on Wednesday annulled an earlier ruling that found a tax deal between Amazon and Luxembourg constituted illegal state support. As the Associated Press reports, the European Union's executive branch ordered Amazon in 2017 to pay around 250 million euros in back taxes to Luxembourg, alleging the country had granted it illegal state aid. However, the EU's General Court ruled that the European Commission was unable to prove "to the requisite legal standard that there was an undue reduction of the tax burden of a European subsidiary of the Amazon group."

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