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Amazon Wins $1.5 Billion Tax Dispute With IRS

Amazon.com on Thursday won more than $1.5 billion in a tax dispute with the Internal Revenue Service over transactions involving a Luxembourg unit more than a decade ago. The IRS case involved "transfer pricing," which arises when different units of multinational companies transact with each other. Amazon argued that the IRS overestimated the value of "intangible"…

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