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2017-03-26

The Independent: "Amazon avoids $1.5bn US tax bill in court ruling"


"Judge rules it legal for internet giant to funnel European sales through Luxembourg"

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"... [Even with this ruling] Amazon could face additional tax bills in Europe, if Brussels officials choose to take further action.

"Luxembourg is known as one of the world's biggest tax havens, offering heavy discounts on corporate taxes that have attracted global companies such as Pepsi and Apple.

"During his Presidential campaign, Donald Trump criticised Amazon for not paying enough in tax. The online retailer's chief executive, Jeff Bezos, responded angrily to the claims, triggering a social media battle."

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