EU Orders Amazon to Repay $295 Million in Luxembourg Back Taxes

EU Orders Amazon to Repay $295 Million in Luxembourg Back Taxes
Amazon founder and CEO Jeff Bezos. The company has been ordered to pay almost $300 million in back taxes to Luxembourg David Ryder/Getty Images
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BRUSSELS—Amazon on Wednesday was told to pay about 250 million euros ($294.38 million) in back taxes to Luxembourg, the latest U.S. tech company to be caught up in a European Union crackdown on unfair tax deals.

The fine was much lower than some sources close to the case had expected and is only a fraction of the 13 billion euros that Apple was ordered to pay to Ireland last year.