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Europe Daily Bulletin No. 12719

13 May 2021
Contents Publication in full By article 14 / 39
COURT OF JUSTICE OF THE EU / State aid
EU General Court annuls decision ordering Amazon to repay €250 million in tax benefits
Brussels, 12/05/2021 (Agence Europe)

The General Court of the European Union on Wednesday 12 May annulled the Commission’s decision of October 2017 that the tech giant Amazon had benefited from an advance tax ruling between 2006 and 2014 constituting illegal State aid under EU law and valued at €250 million (Case T-318/18 and T-816/17) (see EUROPE B11876A13).

Basically, the Luxembourg tax ruling in question had endorsed the transfer of a large part of the profits of the operating company Amazon EU, the company...

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