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European Commission Publishes Non-Confidential Version of Decision that Luxembourg Granted Illegal State Aid to Amazon

|Approved Changes|European Union-Luxembourg-United States
European Union-Luxembourg-United States

On 26 February 2018, the European Commission published the non-confidential version of the final negative decision adopted on 4 October 2017 concluding that Luxembourg granted illegal State aid to Amazon of around EUR 250 million. The decision is 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 ({News-2017-10…

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