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Amazon's tax deal with Luxembourg deemed legal | World Business Watch

Amazon's tax deal with Luxembourg deemed legal | World Business Watch
Amazon has secured a major legal victory as the European Union's top court ruled in favour of the tech giant. The court stated that it does not have to pay $273 million in back taxes to Luxembourg. This decision comes as a blow to EU antitrust Chief Margrethe Vestager's efforts to crack down on preferential tax deals for multinational corporations.