Oct 04 2017
Amazon must pay €250m in back taxes after the European Commission judged the company had enjoyed tax benefits in Luxembourg which were illegal under EU state aid rules.
The EC member in charge of competition, Margarethe Vestager, said in a press conference this morning that Amazon’s tax benefits in Luxembourg had reduced its tax bill over eight years from May 2006 to June 2014. Amazon must now repay that tax benefit, €250m plus interest, within four months.
The Funeral Cryer by Wenyan Lu
Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.
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