Amazon wins court appeal over €250 million EU tax bill

clock • 2 min read

Competition regulators failed to prove that Amazon received an unfair advantage from local tax rulings

In a major setback to the EU's efforts to get more taxes from tech giants, Europe's second highest court has ruled that Amazon need not pay €250 million (£215 million) in back taxes to Luxembourg. ...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Broadcom tinkers with VMware licencing terms as EU gets involved

Corporate

Trade groups concerned over unilateral changes to licencing conditions

clock 16 April 2024 • 3 min read
Small browser market share surges post-Digital Markets Act

Web

Some browsers' share is up 250%

clock 11 April 2024 • 3 min read
AWS announces more job cuts

Careers and Skills

Cuts will mostly affect training, certification and sales personnel

clock 04 April 2024 • 2 min read

More on Finance and Reporting

Capita reports £107mn annual losses, blames cyberattack

Capita reports £107mn annual losses, blames cyberattack

Capita's share price plummeted 54% since the attack

clock 08 March 2024 • 2 min read
Salesforce's Benioff: 'This must be the year of Data Cloud'

Salesforce's Benioff: 'This must be the year of Data Cloud'

Makes light of customer's AI bungle, as Q4 profits up 10%

Wade Tyler Millward
clock 29 February 2024 • 8 min read
Nvida revenues rise 265% on AI chips

Nvida revenues rise 265% on AI chips

Looks set to make Nvidia more valuable than Amazon and Alphabet

John Leonard
clock 22 February 2024 • 2 min read