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EU closes investigations into Amazon, Starbucks and Fiat tax rulings

Published by Uma Rajagopal

Posted on November 28, 2024

1 min read

· Last updated: January 28, 2026

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EU flags and logos of Amazon, Starbucks, and Fiat representing tax ruling investigations - Global Banking & Finance Review
An image showcasing EU flags alongside the logos of Amazon, Starbucks, and Fiat, highlighting the closure of tax ruling investigations by the European Commission, relevant to state aid rules in the banking and finance sector.
corporate tax European Commission
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BRUSSELS (Reuters) – The European Commission on Thursday said it had closed state aid investigations into tax rulings granted by Luxembourg and the Netherlands to Amazon, Fiat and Starbucks. In 2015 and 2017, the Commission found that Luxembourg granted selective tax advantages to Fiat and Amazon, and the Netherlands to Starbucks, in breach of EU […]

BRUSSELS (Reuters) – The European Commission on Thursday said it had closed state aid investigations into tax rulings granted by Luxembourg and the Netherlands to Amazon, Fiat and Starbucks.

In 2015 and 2017, the Commission found that Luxembourg granted selective tax advantages to Fiat and Amazon, and the Netherlands to Starbucks, in breach of EU state aid rules.

These decisions, however, were all annulled by the EU courts.

The Commission said it had therefore decided to close the investigations and confirmed that the companies were not given selective tax advantages contrary to EU state aid rules.

(Reporting by Bart Meijer; Editing by Sudip Kar-Gupta)

Frequently Asked Questions

What is the European Commission?
The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding the EU treaties. It plays a key role in regulating various sectors, including finance.
What is financial regulation?
Financial regulation involves the rules and laws governing financial institutions and markets. It aims to maintain the integrity of the financial system, protect consumers, and ensure stability in the economy.

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