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Amazon Triumphs in EU Court, Escapes €250 Million Tax Bill
In a significant victory for Amazon, the European Union's top court ruled in favor of the e-commerce giant, exempting it from paying €250 million (USD 273 million) in back taxes. The decision concludes a protracted legal battle over tax arrangements between Amazon and Luxembourg, dealing a setback to the EU's efforts to combat corporate tax avoidance....
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