Luxembourg appeals $295 million EU Amazon ruling

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Luxembourg appeals $295 million EU Amazon ruling
Luxembourg appeals $295 million EU Amazon ruling

BRUSSELS (AP) – Luxembourg is appealing a European Union decision that it has to claw back some 250 million euros ($300 million) in back taxes from Amazon.

The EU decision in October was another attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states.

The Luxembourg government announced Friday that its appeal “seeks to obtain legal certainty, and does not put into question Luxembourg’s strong commitment to tax transparency and the fight against harmful tax practices.”

The EU has taken aim at such past deals, which member states had used to lure foreign companies in search of a place to establish their EU headquarters. The practice led to EU states competing with each other and multinationals playing them off against one another.

Luxembourg’s Prime Minister Xavier Bettel arrives for an EU summit at the EU Council building in Brussels on Friday, Dec. 15, 2017. European union leaders meet Friday to launch Brexit talks into a new phase and to discuss the euro and banking union. (AP Photo/Olivier Matthys)
Luxembourg’s Prime Minister Xavier Bettel speaks with journalists as he arrives for an EU summit at the Europa building in Brussels on Thursday, Dec. 14, 2017. European Union leaders are gathering in Brussels and are set to move Brexit talks into a new phase as pressure mounts on Prime Minister Theresa May over her plans to take Britain out of the 28-nation bloc. (AP Photo/Olivier Matthys)
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