Amazon is latest focus of Europe’s tax raid on US tech companies

The European Commission has ruled that Luxembourg illegally let Amazon off €250 million of taxes and must now get them back.
This is the latest round of a general purge by the EC of European countries effectively bribing US tech companies to use them as their European hub by dangling the carrot of reduced taxes. Last year the EC ruled that Apple owed Ireland €13 billion in back taxes, on which more later.
“Luxembourg gave illegal tax benefits to Amazon,” said Commissioner M