Business

Amazon wins EU court appeal in Luxembourg tax case

Amazon scored a major legal victory on Wednesday when an EU court annulled an order from the bloc's powerful antitrust authority that Luxembourg recoup 250 million euros ($295 million) in back taxes.

Business

Apple boosts US investment pledge to $430 bn

Apple announced Monday it plans to boost its investment plans in the United States to $430 billion over the next five years, saying this would add some 20,000 jobs.

Business

Global minimum tax for corporations inches towards reality

Proposed by the United States, supported by the IMF and welcomed by major economies including France and Germany, a global minimum tax rate on corporations is gathering momentum toward becoming a reality.

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