EU Court Annuls Decision Ordering Amazon to Pay $300 Million Tax Bill

Amazon.com Inc. struck a new blow to European Union efforts to wring more tax from big tech companies when the bloc’s second-highest court sided with the company over a $300 million tax bill. The EU court annulled a 2017 decision from the European Commission, the EU’s top antitrust authority, that had ordered Amazon to pay 250 million euros in taxes to Luxembourg, the latest of several big EU tax decisions to be overturned.