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Amazon's tax deal with Luxembourg may have broken rules
Published Sun, Jan 18, 2015 · 09:50 PM
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Brussels
THE European Union's antitrust office released a preliminary finding that a tax deal between Amazon and the Luxembourg government appears to amount to unfair state aid that may have enabled the company to underpay its taxes for a decade or more.
The inquiry is part of a wider investigation into whether a string of multinational companies, including Apple and Starbucks, sharply cut their tax bills and broke the competition rules of the EU.
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