Amazon wins $270 million tax fight with the EU
Products are seen on a conveyor belt at an Amazon fulfillment center where they are being sorted and shipped out as same day orders during Cyber Monday at the Same-Day Delivery Facility Fulfillment Center on November 27, 2023 in Tampa, Florida.
Octavio Jones | Getty Images News | Getty Images
Europe’s top court on Thursday sided with Amazon in a case in which the U.S. e-commerce giant was accused by the European Commission of illegal tax benefits.
The European Court of Justice (ECJ) said that the Commission, the EU’s executive arm, had “not established” that a tax agreement between Amazon and Luxembourg was “a state aid that was incompatible with the internal market.”
“We welcome the Court’s ruling, which confirms that Amazon followed all applicable laws and received no special treatment,” Amazon said in a statement on Thursday.
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