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Amazon won’t have to pay hundreds of millions in back taxes after winning EU case

LONDON (AP) — Amazon won’t have to pay about $273 million in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant. It has dealed a defeat to the 27-nation bloc in its efforts to tackle corporate tax avoidance. The ruling Thursday by the EU’s top court is final, ending the long-running legal battle over tax arrangments between Amazon and Luxembourg’s government and marking a further setback for a crackdown by the EU’s antitrust chief. The Court of Justice backed a 2021 decision by judges in a lower court who sided with Amazon, saying the EU’s executive commission hadn’t proved its case that Amazon received illegal state support.

Article Topic Follows: AP National

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