European Union Court To Decide On Amazon Tax Appeal

The decision will land less than a year after iPhone maker Apple spectacularly won its appeal in the same court against the European Commission's blockbuster order in 2016 that Apple repay Ireland 13 billion euros.

An EU court will rule Wednesday on an appeal by online giant Amazon against an order that Luxembourg recoup 250 million euros ($295 million) in unpaid taxes. The decision will land less than a year after iPhone maker Apple spectacularly won its appeal in the same court against the European Commission's blockbuster order in 2016 that Apple repay Ireland 13 billion euros. The French energy giant Engie will also learn the fate of its fight against a similar EU order to repay Luxembourg 120 million euros in taxes. The cases came in the wake of the 2014 LuxLeaks revelations that unearthed secret deals between Luxembourg and hundreds of companies guaranteeing super low tax bills.