The European Commission has fined Amazon for 250 million euros

Еврокомиссия оштрафовала Amazon на 250 млн евро

Luxembourg gave Amazon illegal tax benefits.

The European Union has ordered the world’s largest Internet retailer Amazon to pay 250 million euros of taxes of Luxembourg. According to Reuters, the European Commission assured that since 2003 the company has obtained an unfair tax benefit.

“Luxembourg gave Amazon illegal tax benefits. As a result, almost three quarters of the profit Amazon is not taxed,” – said the European Commissioner for competition Vestager.

The European Commission noted that the final amount of unpaid taxes still has to be calculated by the Luxembourg authorities.

Earlier media reported that the European Commission hoped to get from Amazon around 400 million euros.