Press Release: State aid: Commission investigates transfer pricing arrangements on corporate taxation of Amazon in Luxembourg

Author (Corporate)
Series Title
Series Details IP/14/1105 (07.10.14)
Publication Date 07/10/2014
Content Type

The European Commission opened an in-depth investigation in October 2014 to examine whether the decision by Luxembourg's tax authorities with regard to the corporate income tax to be paid by Amazon in Luxembourg comply with the EU rules on state aid.

The opening of an in-depth investigation would give interested third parties and the Member States concerned an opportunity to submit comments. It did not prejudge the outcome of the investigation.

EU regulators was scheduled to release details of this investigation on 16 January 2015.

Source Link Link to Main Source http://europa.eu/rapid/press-release_IP-14-1105_en.htm
Related Links
European Commission: RAPID: Statement, STATEMENT/14/303: Statement by Vice President Almunia on opening of in-depth investigation into possible state aid granted by Luxembourg to Amazon http://europa.eu/rapid/press-release_STATEMENT-14-303_en.htm
EUObserver, 08.10.14: EU launches probe into Amazon's Luxembourg tax deal http://euobserver.com/news/125948
The New York Times, 07.10.14: Amazon’s Tax Deal in Luxembourg Is Latest Target of E.U. Inquiries http://www.nytimes.com/2014/10/08/business/international/amazon-in-luxembourg-is-latest-target-of-european-tax-inquiries.html
EurActiv, 08.10.14: EU watchdog targets Amazon's Luxembourg tax deals http://www.euractiv.com/sections/euro-finance/eu-watchdog-targets-amazons-luxembourg-tax-deals-309000
EurActiv, 15.01.15: EU to publish details of Amazon Luxleaks probe http://www.euractiv.com/sections/euro-finance/eu-publish-details-amazon-luxleaks-probe-311305

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