Amazon Beats IRS In 9th Circ. Spat Over Valuing Intangibles

Law360 (August 16, 2019, 8:45 PM EDT) -- Amazon defeated an IRS appeal Friday, as a three-judge Ninth Circuit panel unanimously upheld a U.S. Tax Court ruling that favored the online retailer’s valuation of intangible assets transferred to a Luxembourg subsidiary.

The Ninth Circuit on Friday agreed with the U.S. Tax Court in finding that Amazon.com Inc. had been reasonably compensated for intellectual property transferred to a Luxembourg subsidiary. (AP) The Ninth Circuit agreed with the Tax Court’s finding that Amazon.com Inc. had been reasonably compensated for intellectual property shifted to Amazon Europe Holding Technologies SCS, or AEHT, in 2005 and 2006 to license for European operations. Amazon had estimated that...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS