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

A look inside a North Country primary feud

May 13, 2026

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Wednesday, May 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    A look inside a North Country primary feud

    May 13, 2026

    Have Trump And Musk Made Amends?

    May 13, 2026

    Trump Can Barely Walk As He Arrives In China With A Lumbering Thud

    May 13, 2026

    South Carolina Republicans tank redistricting, for now

    May 13, 2026

    Pennsylvania Supreme Court Justice Leaves Democratic Party

    May 13, 2026
  • Health

    Vance: $1.3B in Medicaid money to California will be deferred over fraud suspicions

    May 13, 2026

    Why Energetic Health Matters Now More Than Ever

    May 13, 2026

    The Doctor Shortage Is Getting Worse. Your Pharmacist Can Help

    May 13, 2026

    Trump DOJ intensifies push to restrict youth gender-affirming care

    May 13, 2026

    This $250 Million Startup Tracks How Cancer Reacts To Treatment In Real Time

    May 13, 2026
  • World

    Farage Says Work Begins Now to Destroy the ‘Delusional’ Establishment

    May 13, 2026

    Neil DeGrasse Tyson Ruminates On How To Handle E.T. Encounters

    May 13, 2026

    At Least Six Dead Migrants Found in Trainyard near Texas Border

    May 13, 2026

    Trump Shares AI Image Of Democrats Bathing In Feces

    May 13, 2026

    Trump Rejects Iran Reply – ‘Laughing No Longer’

    May 13, 2026
  • Business

    Another Key Inflation Measure Blows Past Forecasts

    May 13, 2026

    Prices Skyrocket To Highest Level In Years As Fallout From Iran War Continues Ravaging Economy

    May 12, 2026

    Reynolds Launches $3,200,000,000 Investment In America-Made Smokeless Nicotine

    May 8, 2026

    CEO Trolls Rival By Using Their Platform To Fund His Attempted Takeover Of Company — But They Aren’t Amused

    May 7, 2026

    Americans May Be Stuck Paying Wartime Gas Prices Long After Iran Deal

    May 7, 2026
  • Finance

    Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

    May 13, 2026

    Alibaba’s AI Business Is Booming, But Its Profits Basically Disappeared

    May 13, 2026

    Oil little changed as Trump heads to China; US oil stocks fall more than expected

    May 13, 2026

    B&G Foods positions for “transformational year” as guidance raised

    May 13, 2026

    Intel Has Tripled in 2026. The Sell in May Case for the Year’s Biggest Comeback Story

    May 13, 2026
  • Tech

    EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

    May 13, 2026

    ‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

    May 13, 2026

    Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

    May 13, 2026

    Microsoft CEO Satya Nadella Takes the Stand to Defend Relationship with OpenAI

    May 13, 2026

    Suspect Allegedly Asked Chat GPT ‘How to Make Bomb’, Targeted Louvre

    May 13, 2026
  • 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  West Virginia Suspends Bob Huggins and Cuts His Pay Over Homophobic Slur

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

Related Posts

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026

Tiger Suffers Setback in Court as Judge Gives Prosecutors Access to Golf Legend’s Prescription Drug History

May 13, 2026

‘AI Is Here,’ ‘We Can Work With It,’ ‘You Fight It … Is a Battle We Will Lose’

May 13, 2026

Google Reports First Known Case of AI-Developed Zero-Day Exploit Used by Cybercriminals

May 13, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

California housing gets hit by ‘major, major blow’ after wildfire insurer exits

June 19, 2023

“That guy has no clue of how basketball was played in the 80s”

March 2, 2023

Yep, the New ‘Shazam!’ Movie Is Gay

March 17, 2023

Olivia Dunne Delivers Empowering Message Behind SI Photo Shoot

August 30, 2023
Don't Miss

A look inside a North Country primary feud

Politics May 13, 2026

DAYS THE BUDGET IS LATE: 43 PRIMARY COLORS: Republican Assemblymember Robert Smullen sat down with…

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026

Tiger Suffers Setback in Court as Judge Gives Prosecutors Access to Golf Legend’s Prescription Drug History

May 13, 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 (4,359)
  • Entertainment (4,479)
  • Finance (3,356)
  • Health (2,025)
  • Lifestyle (1,876)
  • Politics (3,212)
  • Sports (4,178)
  • Tech (2,086)
  • Uncategorized (4)
  • World (4,226)
Our Picks

Air pollution may increase risk for dementia

April 6, 2023

Sanofi Goes All-In On AI

June 21, 2023

UFC Fighter Jorge Masvidal Bashes Calls to ‘Defund the Police’

March 31, 2023
Popular Posts

A look inside a North Country primary feud

May 13, 2026

Pop Star Hayley Williams Declares ‘F**k ICE,’ ‘Free Palestine’ at Concert

May 13, 2026

EPA to Boost Reshoring, Manufacturing by Streamlining Permitting

May 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

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