Amazon Has To Pay $295M In Back Taxes, EU Says
Amazon has been ordered to pay to the tune of $295 million in back taxes to Luxembourg as part of the European Union's latest attempt to tighten screws on multinationals it says are avoiding taxes.
Watch CBS News
Amazon has been ordered to pay to the tune of $295 million in back taxes to Luxembourg as part of the European Union's latest attempt to tighten screws on multinationals it says are avoiding taxes.
The European Union fined Google a record 2.42 billion-euro ($2.72 billion) for reportedly taking advantage of its dominance in the industry and directing customer to its own online shopping business.
Top trade officials with the European Union say the bloc is preparing retaliatory measures if the United States imposes steel tariffs on imports.
Theresa May is now urging the country to come together, in the aftermath of the controversial Brexit vote.
The European Union's merger watchdog is looking into whether Facebook gave misleading information about its takeover of messaging service WhatsApp.
Voters in the United Kingdom made the stunning decision to leave the European Union (EU), but it will be up to the nation's leaders to figure out how to do it with the least amount of political turmoil and financial hardship.
Forget diamonds, graphene is now the world's hardest material. And all sorts of developers most likely want to get their hands on it.
Miami International Airport and Fort Lauderdale International Airport have been out front in using full body scanners for security. Now the question is will that change after the European Union announced it has banned X-ray body scanners.