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Amazon faces EU probe over tax deal

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THE European Commission is set to begin a formal probe into allegations that Luxembourg had allowed Amazon.com Inc to benefit illegally from state subsidies for its European operations for almost 10 years, the Financial Times reported - PHOTO: REUTERS

New York

THE European Commission is set to begin a formal probe into allegations that Luxembourg had allowed Amazon.com Inc to benefit illegally from state subsidies for its European operations for almost 10 years, the Financial Times reported.

The investigation relates to

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