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Amazon embroiled in EU tax crackdown

By Ilene
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EU countries providing “sweetheart” tax deals with large companies are coming under scrutiny.

Sarah Gordon and Vanessa Houlder in London and James Fontanella-Khan in Brussels report that Amazon [is] embroiled in EU tax crackdown.

European officials have demanded that Luxembourg hand over documents relating to Amazon’s tax affairs as the online retail giant becomes embroiled in a crackdown that has already drawn in Apple, Starbucks and Fiat’s financial arm.

The EU’s competition commission has sent a request for information to the Grand Duchy, where Amazon’s main European operating company is based, about whether its decisions on corporate tax complied with state aid rules, two people familiar with the matter said…

Read the full article: Amazon embroiled in EU tax crackdown – FT.com.

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