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(Business Insider)LONDON — Amazon has been ordered to pay about €250 million (£221 million, $294 million) in back taxes in Europe after a European Commission investigation found that the company had an illegal tax deal in Luxembourg.
The Commission found that Luxembourg had breached its rules on state aid by allowing Amazon's tax-minimising setup since 2003. The heart of the problem is "transfer pricing," in which one Amazon subsidiary will charge another subsidiary

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