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EU opens probes into Amazon's tax affairs in Luxembourg

EU opens probes into Amazon's tax affairs in Luxembourg
Global
14 Oct 2014

First published in Dow Jones, 14 October 2014

European Union regulators opened a formal probe into Amazon.com Inc.'s tax arrangements in Luxembourg, snaring another major US company in a high-profile investigation that has already spread to Apple Inc. and Starbucks Corp.

"It is curious that they should pick high-profile targets that would hit the press," said Keith O'Donnell, Taxand Board member. "You'd expect the European Commission to pick cases on more objective grounds."

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Keith O'Donnell
Taxand Board member & Taxand global real estate tax service line leader
Luxembourg