• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

States Stockpile Gold Bars To Hedge Against Inflation

April 23, 2026

Hilarious Sayings for a Happy Start to Summer

April 23, 2026

EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

April 22, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Thursday, April 23
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    States Stockpile Gold Bars To Hedge Against Inflation

    April 23, 2026

    EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

    April 22, 2026

    Panel Makes Case For Turbocharging American Innovation At Daily Caller Live Event

    April 21, 2026

    EXCLUSIVE: Florida AG Launches Antitrust Probe Into Plastic Organizations’ Costly Climate Goals

    April 21, 2026

    Tim Cook Announces Exit As Apple CEO

    April 20, 2026
  • Finance

    How Long Can Kyrgyzstan’s Economic Boom Keep Booming?

    February 18, 2026

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Court Rules Amazon Doesn’t Have to Pay $270 Million EU Back Taxes
Tech

Court Rules Amazon Doesn’t Have to Pay $270 Million EU Back Taxes

December 14, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

LONDON (AP) – Amazon won’t have to pay about 250 million euros ($273 million) in back taxes after European Union judges ruled in favor of the U.S. e-commerce giant Thursday, dealing a defeat to the 27-nation bloc in its efforts to tackle corporate tax avoidance.

The ruling by the EU’s top court is final, ending the long-running legal battle over tax arrangements between Amazon and Luxembourg’s government and marking a further setback for a crackdown by antitrust chief Margrethe Vestager.

The Court of Justice backed a 2021 decision by judges in a lower court who sided with Amazon, saying the European Commission, the EU´s executive branch, had not proved its case that Amazon received illegal state support.

“The Court of Justice confirms that the Commission has not established that the tax ruling given to Amazon by Luxembourg was a State aid that was incompatible with the internal market” of the EU, the court said in a press release.

Amazon welcomed the ruling, saying it confirms that the company “followed all applicable laws and received no special treatment.”

“We look forward to continuing to focus on delivering for our customers across Europe,” the company said in a statement.

The commission did not respond immediately to a request for comment.

The case dates back to 2017, when Vestager charged Amazon with unfairly profiting from special low tax conditions since 2003 in tiny Luxembourg, where its European headquarters are based. As a result, almost three-quarters of Amazon´s profits in the EU were not taxed, she said.

The EU has taken aim at deals between individual countries and companies used to lure foreign multinationals in search of a place to establish their EU headquarters. The practice led to EU states competing with each other and multinationals playing them off one another.

See also  'World of Warcraft' Gamers Dupe AI-Powered News Site by Discussing a Character that Doesn't Exist

Amazon Court Doesnt million pay Rules Taxes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How Human Milk Bioactives Are Rewriting The Rules Of Gut Health

March 3, 2026

Trump Slaps World With New Tariff After Supreme Court Loss

February 20, 2026

Amazon Raked In Billions While Whole Foods Workers Say They Can’t Afford Basic Necessities

February 19, 2026

‘Nothing To See Here’: Dem Squad Member Doesn’t Want To Discuss Her $8 Million Wealth Jump Since Entering Congress

February 19, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Starbucks must rehire fired union supporters, US appeals court rules

August 9, 2023

Improved orthopedic health does not necessarily mean improved mental health

June 29, 2023

What are ice apples? Benefits and everything else you need to know

July 1, 2023

Saudis Buy Up Combat Drones with Largest Defense and Aviation Contract in Turkish History

July 23, 2023
Don't Miss

States Stockpile Gold Bars To Hedge Against Inflation

Business April 23, 2026

Several states are loading up on gold bars as concerns about rising prices and massive…

Hilarious Sayings for a Happy Start to Summer

April 23, 2026

EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

April 22, 2026

How Your Oral Health Impacts Your Overall Wellbeing

April 22, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,342)
  • Entertainment (4,220)
  • Finance (3,203)
  • Health (1,938)
  • Lifestyle (1,870)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

‘Queen Cleopatra’ Director Slams Criticism of Casting Black Cleopatra

April 21, 2023

DeChambeau Gets First LIV Golf Win in Style with a 58 at Greenbrier

August 7, 2023

Stocks making the biggest moves midday: PXD, MGM, LEVI

October 6, 2023
Popular Posts

States Stockpile Gold Bars To Hedge Against Inflation

April 23, 2026

Hilarious Sayings for a Happy Start to Summer

April 23, 2026

EXCLUSIVE: Biden-Era Rule Screws Over Top US Truck Maker As Diesel Plans Grind To A Halt

April 22, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.