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Why Luxembourg Challenged EU Demand to Recoup Taxes from Amazon

Why Luxembourg Challenged EU Demand to Recoup Taxes from Amazon

According to Reuters, Luxembourg is questioning the European Commission’s decision that e-commerce giant Amazon (AMZN) was given special tax treatment from the country. According to the European Commission, Amazon’s regional headquarters in Luxembourg could pay fewer taxes on a majority of its European profits between 2006 and 2014. The European Union is pushing Luxembourg to recover an unpaid tax bill of about $300.0 million from Amazon.