Amazon Delivers Another Big-Tech Tax Defeat to EU’s Vestager
- Retailer wins court fight over EU’s $303 Million tax order
- Follows Apple’s landmark victory in a similar case last year
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Amazon.com Inc. won its bid to topple a 250 million-euro ($303 million) tax bill in another blow to European Union competition chief Margrethe Vestager’s crackdown on preferential fiscal deals.
Regulators failed to show that the U.S. online retailer was given special treatment by Luxembourg’s tax authority in violation of state-aid rules, the EU General Court ruled on Wednesday.