Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Amazon won’t have to pay hundreds of millions in back taxes after winning EU case
FILE - People stand in the lobby of Amazon offices on February 14, 2019, in New York. Amazon won’t have to pay about 250 million euros ($273 million) in back taxes after European Union judges ruled in favor of the US ecommerce giant, dealing a defeat to the bloc in its efforts to tackle corporate tax avoidance. (AP Photo/Mark Lennihan, File)
Latest News
December 14, 2023

Amazon won’t have to pay hundreds of millions in back taxes after winning EU case

LONDON (AP) — Amazon won’t have to pay about 250 million euros ($273 million) in back taxes after European Union judges ruled in favour of the US e-commerce giant Thursday, dealing a defeat to the 27-nation bloc in its efforts to tackle corporate tax avoidance.

The ruling by the EU’s top court is final, ending the long-running legal battle over tax arrangements between Amazon and Luxembourg’s government and marking a further setback for a crackdown by antitrust chief Margrethe Vestager.

The Court of Justice backed a 2021 decision by judges in a lower court who sided with Amazon, saying the European Commission, the EU’s executive branch, had not proved its case that Amazon received illegal state support.

“The Court of Justice confirms that the Commission has not established that the tax ruling given to Amazon by Luxembourg was a State aid that was incompatible with the internal market” of the EU, the court said in a press release.

Amazon welcomed the ruling, saying it confirms that the company “followed all applicable laws and received no special treatment.”

“We look forward to continuing to focus on delivering for our customers across Europe,” the company said in a statement.

The commission did not respond immediately to a request for comment.

The case dates back to 2017, when Vestager charged Amazon with unfairly profiting from special low tax conditions since 2003 in tiny Luxembourg, where its European headquarters are based. As a result, almost three-quarters of Amazon’s profits in the EU were not taxed, she said.

The EU has taken aim at deals between individual countries and companies used to lure foreign multinationals in search of a place to establish their EU headquarters. The practice led to EU states competing with each other and multinationals playing them off one another.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Sterling Asset Management marks 25 years with $1.2m donation to at-risk youth
Latest News, News
Sterling Asset Management marks 25 years with $1.2m donation to at-risk youth
July 20, 2026
KINGSTON, Jamaica—Sterling Asset Management Limited marked its 25th anniversary in Jamaica’s investment industry with the launch of its inaugural Ster...
{"jamaica-observer":"Jamaica Observer"}
Jamaican teen pleads guilty to injuring ex-boyfriend in Bahamas
Latest News, Regional
Jamaican teen pleads guilty to injuring ex-boyfriend in Bahamas
July 20, 2026
NASSAU, Bahamas (CMC) – A Jamaican woman is set to be handed over to The Bahamas Department of Immigration after serving her sentence for injuring her...
{"jamaica-observer":"Jamaica Observer"}
Calabar stalwart Messias lands coaching role at rivals KC
Latest News, Sports
Calabar stalwart Messias lands coaching role at rivals KC
July 20, 2026
Veteran coach Errol Messias has departed Calabar High for rivals Kingston College (KC) and will join forces with Hamin Pagon in spearheading KC's midd...
{"jamaica-observer":"Jamaica Observer"}
Business leaders applaud JSE e-Campus for strengthening governance standards
Business, Latest News
Business leaders applaud JSE e-Campus for strengthening governance standards
July 20, 2026
KINGSTON, Jamaica—At a time when good governance and accountability dominate global conversation, the Jamaica Stock Exchange (JSE), through its e-Camp...
{"jamaica-observer":"Jamaica Observer"}
Andy Burnham becomes UK PM, vowing 10-year plan to ease cost of living crisis
International News, Latest News
Andy Burnham becomes UK PM, vowing 10-year plan to ease cost of living crisis
July 20, 2026
LONDON, United Kingdom (AFP)—New United Kingdom (UK) Prime Minister Andy Burnham on Monday promised to set out a 10-year-plan for Britain, to ease the...
{"jamaica-observer":"Jamaica Observer"}
Mexican drug lord ‘El Mayo’ sentenced to life in prison in New York
International News, Latest News
Mexican drug lord ‘El Mayo’ sentenced to life in prison in New York
July 20, 2026
NEW YORK, United States (AFP)—Mexican drug lord Ismael "El Mayo" Zambada was sentenced Monday to life in prison by a US court for co-founding and lead...
{"jamaica-observer":"Jamaica Observer"}
Trinidad rocked by early morning earthquakes
Latest News, News
Trinidad rocked by early morning earthquakes
July 20, 2026
PORT OF SPAIN, Trinidad (CMC)—Trinidad and Tobago was rocked by three earthquakes within an hour on Monday morning, with two measuring 5.2 and 5.0 on ...
{"jamaica-observer":"Jamaica Observer"}
Former Liverpool and England star Kevin Keegan dies aged 75
International News, Latest News
Former Liverpool and England star Kevin Keegan dies aged 75
July 20, 2026
LONDON, United Kingdom (AFP)—Former Liverpool and England star Kevin Keegan has died aged 75 after battling cancer, his family announced on Monday. Ke...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct