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Facebook/Meta case: “free” social networks or Barter Deal?

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

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