Back Taxes news and trends

EU Tells Amazon To Pay Up: $295M In Back Taxes

October 05, 2017
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EU Tells Amazon To Pay Up: $295M In Back Taxes

October 05, 2017
A Reuters news report said the European Union on Wednesday (Oct. 4) ordered Amazon to pay $295 million in back taxes that it received in the form of illegal tax benefits. According to a statement from the European Commission’s Commissioner Margrethe Vestager, the company has to pay the amount to Luxembourg, which gave the company […]