EU tax controversy
-
Amazon's EU Tax Case Win and Alibaba's Product Safety Recall: Uncovering the Global E-Commerce Giant's Legal Challenges and Consumer Protection
Event Overview Amazon recently won a legal battle involving a huge tax bill. The global e-commerce giant had been accused of illegally deducting €250 million (about $272 million) in taxes, an allegation that posed a serious threat to the company's image and financial position. Important Ruling On December 14, 2023, the Supreme Court of the European Union handed down an important judgment rejecting the European Commission's appeal against Amazon. The Court found that EU regulators did not have sufficient evidence to prove that the tax arrangement between Amazon and Luxembourg violated market rules. Amazon...