Amazon wins court fight against $303 mln EU tax order
The Hindu
The Amazon ruling is a setback for European Competition Commissioner Margrethe Vestager, who has aggressively used the bloc's state aid rules to tackle sweetheart tax deals between multinationals and EU countries
(Subscribe to our Today's Cache newsletter for a quick snapshot of top 5 tech stories. Click to subscribe for free.) Amazon on Thursday won its fight against an to pay about 250 million euros ($303 million) in back taxes to Luxembourg as Europe's second highest court dealt a blow to the bloc's crackdown against unfair tax deals for multinationals. In a separate case, French utility Engie however lost its appeal against an EU order to pay back taxes of 120 million euros ($145.7 million) to Luxembourg.
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