RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: Nonsense on stilts: EU charges Amazon tax deal with Luxembourg was illegal Fri Jan 16, 2015 8:22 pm | |
| EU regulators charged Luxembourg Friday with giving illegal tax breaks to Internet shopping giant Amazon, putting European Commission chief Jean-Claude Juncker back in the spotlight over deals made when he was the duchy's premier.
The European Commission's preliminary findings into Amazon's deals with the tiny country were the latest in a widening probe by Brussels into sweetheart tax arrangements between major companies and several countries.
They follow last year's "Luxleaks" scandal which revealed details of tax breaks given to dozens of major firms during Juncker's 19 years as Luxembourg premier.
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