Amazon wins court appeal as it battles the EU over a $300 million tax bill
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A sign at the Amazon.com, Inc. BHM1 fulfillment center is seen before sunrise on March 29, 2021 in Bessemer, Alabama.
Patrick T. Fallon | AFP | Getty Images
LONDON — The EU’s general court said Wednesday that the European Commission failed to prove that there was an illegal tax advantage given to Amazon in Luxembourg.
This comes after the Brussels-based institution ruled in 2017 that Luxembourg had granted undue tax benefits to the U.S. e-commerce giant of around 250 million euros ($330 million).
The European Commission and Amazon were not immediately available for comment when contacted by CNBC on Wednesday.
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