Tax Court Backs Amazon In $1.5B Transfer Pricing Dispute

By Vidya Kauri (March 23, 2017, 3:52 PM EDT) -- Amazon won a major victory in its $1.5 billion tax dispute with the Internal Revenue Service on Thursday when the U.S. Tax Court ruled that the methods it used to determine payments from its Luxembourg subsidiary for the licensing of intellectual property for online European operations were reasonable....

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