After opening tax investigations into Apple, Starbucks and Fiat Finance, the European Commision is now zeroing in on Amazon. In an attempt to check whether corporate tax decisions comply with restrictions on state aid, the EC recently asked Luxembourg officials to hand over documents relating to the US e-retailer’s tax affairs in the country, according to a Financial Times report. “The Commission continues to gather information on the tax practices of member states… and this might lead to new formal investigations,” an EU official told Reuters.
“However we will not make any comment on whether specific companies may or may not be covered by this information gathering exercise,” said an EC spokesman. “It is in any event entirely premature to speculate on whether new investigations could target this or that specific company in the future. At the moment we have three ongoing investigations which relate to tax rulings concerning Apple in Ireland, Starbucks in the Netherlands and Fiat Finance and Trade in Luxembourg.”
