EU opens probes into Amazon's tax affairs in Luxembourg
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."
Your media contact for further queries is:
Barnaby Fry, MHP
T. +44 (0)203 128 8215
Quality tax advice, globally