UNDER THE MICROSCOPE: European officials have asked Luxembourg to hand over documents relating to US online retailer Amazon's tax affairs in the country, the Financial Times reported on Thursday, citing official sources. — Reuters
European officials have asked Luxembourg to hand over documents relating to US online retailer Amazon's tax affairs in the country, the Financial Times reported on Thursday, citing official sources.
The EU's competition commission has requested information from the Grand Duchy, where the online retailer's main European operating company is based, to check whether its decisions on corporate tax complied with state aid rules, the FT said, citing two people familiar with the matter.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
