Amazon could be next tax target for European Commission

By Dan Wilson September 19, 2016 - 2:53 pm

You will doubtless have already heard about the case the European Commission has laid against Apple. It has ruled that Ireland must recover up to €13 billion from Apple after finding the US tech company had been granted selective tax treatment in the republic.

It’s a legal nightmare that Apple will fight and that the Irish government seems reluctant to address, despite the potential windfall.

And in an interview Margarethe Vestager, who acts as the EU’s competition Commissioner, says that more global companies are under scrutiny. Whilst Google is under the microscope, the case is still being developed. Amazon looks likely to be a target sooner.

In an interview with Euractiv, she said: “when it comes to tax rulings in the pipeline we have Amazon and McDonald’s, which are also very well-known US companies.”

We shall wait and see.

Comments are closed.

Recent Comments

49 mins ago
Janine: Are ebay suggesting that until we amend the listings our ebay log in's are not...
52 mins ago
Janine: You are right when we are logged into ebay we have the unsecure icon at...
4 hours ago
Jonah: “......Sellers confused about eBay........” Enough said...
6 hours ago
Mike: Martin, here's the math for resellers - Unregistered - Buy at £10 trade (£12 inc VAT at...