EU plunges ahead with Amazon probe despite change to tax practices
Amazon has changed its tax-payment practices in Europe, but that is not going to halt the European Commission’s investigation into what it considers to be a likely illegal tax deal with Luxembourg.
Amazon’s EU tax practices have been under investigation since October last year when the Commission said it was very likely that the company received illegal state aid in the form of a preferential tax deal with Luxembourg. The deal allowed Amazon to funnel a large part of its European profits to one of its companies in Luxembourg. The company did not have to pay income tax, and thereby avoided paying taxes in the EU, the Commission said in preliminary findings.
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