ALERT: STATE AID - TAX RULINGS - ILLEGAL AID - RECOVERY - GROUP OF COMPANIES

Tax rulings: The European Commission rules that Luxembourg granted a 250 million Euros illegal advantage to an online commerce giant and refers Ireland to Court for failure to recover illegal tax benefits from a leading technology company worth up to13 billion Euros (Amazon) (Apple)

*This article is an automatic translation of the original article, provided here for your convenience. Read the original article. After Fiat and Starbucks in 2015, after Apple in 2016 and before McDonald's and Engie which are expected to follow, it is now the favourable tax regime granted to Amazon by Luxembourg that is considered illegal under state aid control. The European Commission has concluded that Luxembourg has granted Amazon undue tax advantages amounting to approximately €250 million. The latter allowed

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  • L’actu-concurrence (Paris)

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Alain Ronzano, Tax rulings: The European Commission rules that Luxembourg granted a 250 million Euros illegal advantage to an online commerce giant and refers Ireland to Court for failure to recover illegal tax benefits from a leading technology company worth up to13 billion Euros (Amazon) (Apple), 4 October 2017, Concurrences N° 1-2018, Art. N° 85367, www.concurrences.com

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