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Luxembourg gave illegal tax benefits to Amazon. As a result, almost three quarters of Amazons profits were not taxed, Vestager said in a statement. Amazon was allowed to pay four times less tax than other local companies subject to the same national tax rules. Regulators claim Amazon took advantage of these tax benefits from 2006 to 2014. Vestager said this was illegal in the EU, as states cant provide tax benefits to select international companies. .@amazon tax benefits in Luxembourg are illegal under our common European rules on state aid. Amazon to repay benefits worth around 鈧?50 mio mdash; Margrethe Vestager @vestager October 4, 2017 The recovery order will require Amazon to pay the EU approximately 250 million euros $294 million in back taxes鈥攏ot much more than a year after the EU ordered Apple to pay the approximately $15 billion it saved by funneling taxes through two Irish subsidiaries. News of the order first came on Tuesday via the Financial Times, which reported that a nearly three-year invest
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