The newspapers report the news of a very interesting case concerning Facebook https://www.corriere.it/economia/aziende/23_febbraio_22/meta-indagata-evasione-fiscale-procura-milano-870-milioni-iva-non-versata-c4aafca4 -b2c0-11ed-ab25-c6bbd9a5a3ea.shtml .
The case inspires some reflections of a systematic nature on some of the fundamental concepts of VAT, such as the notion of taxable supply and consideration. These are some simple considerations based on the little information available online.
Source Francis Nicolosi
Latest Posts in "Italy"
- VAT Refund Procedures for Foreign Charter Companies with Permanent Establishments in Italy
- Final 2026 Forms for Single Certification and Annual VAT Declaration Now Available Online
- Italy Clarifies VAT Rates for Artistic Foundries Producing Contemporary Artworks Under Client Supervision
- Faster VAT Collection: 2026 Budget Law Introduces Automated Assessment for Omitted Declarations
- New 2026 VAT Forms Approved: Changes to Deduction Adjustment Calculation Included
