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EU ends Amazon state aid case with no back taxes in its basket

Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday it’s shuttered an

A major development came in 2017 when the Commission concluded Luxembourg had given Amazon illegal tax benefits worth €250 million. That still left the investigation open on paper, but the EU is now closing the loop and accepting this is one state aid case it hasn’t won. In a press release, the Commission said its decision to close the case — accepting that no tax rules were broken — was based on guidance provided by EU Courts.

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