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Image header Agence Europe
Europe Daily Bulletin No. 11555
Contents Publication in full By article 16 / 34
ECONOMY - FINANCE - BUSINESS / (ae) state aid

Commission to reach decision on Amazon soon

Brussels 20/05/2016 (Agence Europe) - The European Commission may reach a decision before July to order Luxembourg to recover nearly €400 million from Amazon in illegal state aid granted under a tax ruling, the news agency Reuters reported on Friday 20 May.

The Commission made its objections known in January 2015. At the time, the Commission said that it was questioning the selective advantage available to an American multinational company as a result of the methodology used to calculate...

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