Amazon had a record-breaking year in Europe in 2020, as the online giant took in revenue of 44 billion euros while people were shopping from home during the pandemic.
But the company ended up paying no corporate tax to Luxembourg, where the company has its European headquarters.
The company’s European retail division reported a loss of €1.2 billion ($1.4 billion) to Luxembourg authorities, according to a recent financial filing, making it exempt from corporate taxes.
Amazon was in compliance with Luxembourg’s regulations, and it pays taxes to other European countries on profits it makes on its retail operations and other parts of the business, like its fulfillment centers and its cloud computing services.
But the filing is likely to provide fresh ammunition for European policymakers who have long tried to force American tech giants to pay more taxes.
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