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EU General Court Annuls European Commission Decision that Luxembourg Granted Amazon Illegal State Aid

|Approved Changes|European Union-Luxembourg
European Union-Luxembourg

On 12 May 2021, the General Court of the European Union issued a judgment annulling the European Commission's 2017 decision that Luxembourg granted illegal State aid (a selective advantage) to Amazon that had amounted to around EUR 250 million. The decision was the result of an investigation launched in 2014 into a tax ruling provided for Amazon by the Luxembourg tax authorities that basically allowed Amazon to deduct excessive royalty expense in Europe without the royalty income being taxed…

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