Authorities
Amazon settles French tax dispute
Most of Amazon's revenue in Europe channelled through Luxembourg when billed almost €200 million
Amazon has settled a tax dispute with French authorities for an undisclosed sum, just over five years after it was targeted in the country for a bill of almost €200 million and amid mounting EU pressure on tech giants to pay their fair share of taxes.
The US group said in a statement on Monday: "We have reached a comprehensive settlement agreement with the French tax authorities on past issues and our main objective remains to provide the best possible buying experience for our clients in France." Amazon declined to comment on the size or details of the settlement.
To keep reading
please sign up for free!
Already have an account? Sign in here.
Editor's Picks
Euro reform
—
22.06.2018
Eurozone finance ministers back new powers for ESM
Benefits
—
20.06.2018
Luxembourg refutes cross-border unemployment plan
Tax
—
20.06.2018
UK companies to face pre-Brexit tax bombshell from EU
Tax avoidance
—
20.06.2018
Engie told to pay €120m in back taxes to Luxembourg
