1. Amazon Just Won a $1.5 Billion Tax Fight

    Amazon Just Won a $1.5 Billion Tax Fight

    Amazon.com on Thursday won a more than $1.5 billion tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago.

    Judge Albert Lauber of the U.S. Tax Court rejected a variety of IRS arguments, and found that on several occasions the agency abused its discretion, or acted arbitrarily or capriciously...

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    1. This is good for everybody, not just Amazon.
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