The European Commission is appealing the General Court decision in the Amazon state aid case. The Commission hopes to force Luxembourg to claim €250 million ($294 million) in tax from the US technology company.
Tax authorities have many questions to settle in negotiations to tackle the risk of double taxation across jurisdictions when implementing OECD’s tax framework.
The European Commission will be pursuing its state aid investigation of Nike’s Dutch tax arrangements after the US sportswear company lost its bid to stop the probe this week.
The UK failed to push for a more “ambitious” pillar one ahead of the July G20 meeting. The meeting may have endorsed the OECD’s two-pillar solution, but the plans still have plenty of critics.
More than 130 countries may have reached an agreement on a global minimum tax rate, but there are still many obstacles to a harmonious tax framework that keeps most countries on board.
