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May 13, 2021
2021-0967

General Court for the EU reverses state aid decision that would have required Amazon to pay 250m to Luxembourg

The General Court for the European Union has announced its decision to annul findings by the European Commission (EC) that would have required Amazon to remit €250m to Luxembourg. In 2017, the EC issued its decision that a tax ruling in effect between 2006 and 2014 granted to relevant Amazon group members had effectively awarded the group €250m in state aid that must be repaid to Luxembourg. The General Court has now concluded that the EC based its 2017 determination on a flawed assessment. A Tax Alert is forthcoming.