The General Court of the European Union struck down a 2017 decision by European regulators that ordered Amazon to pay $300 million to Luxembourg, home of the company’s European headquarters and where regulators said the company received unfair tax treatment. The court said regulators did not sufficiently prove that Amazon had violated a law meant to prevent companies from receiving special tax benefits from European governments. The companies have been criticized for using complex corporate structures to take advantage of low-tax countries like Luxembourg and Ireland. Tech companies are using the courts to fight European regulators trying to rein in the industry’s power. That case is now before the European Union’s highest court.

Source: New York Times May 12, 2021 12:07 UTC