Amazon challenged by Brussels over unusual tax deal with Luxembourg,according to reports
Online retailer giant Amazon has come under scrutiny from the European Union (EU) because of an unorthodox deal with Luxembourg.
Amazon.Com Inc.
$202.61
13:09 15/11/24
-4.19%
-$8.87
On Monday night, the Financial Times reported that a tax deal between Amazon and Luxembourg, allegedly allowed the American firm to reap potentially illegal state subsidies for its European operations for almost ten years.