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amazon

Court Overturns Amazon’s $300 Million European Tax Bill

By
Mark Di Stefano
· · Source: The Information

A European court has overturned Amazon’s $300 million tax bill, striking another blow against regulators’ efforts to levy large taxes on U.S. tech giants. The court in Luxembourg handed down the ruling  Wednesday morning, reversing a 2017 decision from the European Commission to charge Amazon with hundreds of millions in unpaid taxes. The Commission can appeal the decision to Europe’s highest...

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