Italy has issued a VAT assessment against Meta (Facebook) arguing that access to the “free” online portal involves barter transactions with users. The users do not pay any money, but they do consent to the collection and use of their personal data. This raises the question of which (other) “free” online services could be subject to VAT. It is particularly important to check whether the users themselves are providing services which are directly related to the services of the online company.
Source: KMLZ
Latest Posts in "Italy"
- Naples Public Officials Convicted in Major Cross-Border VAT Fraud Case
- Italy: Officials, Tax Officer, and Accountant Convicted for Major VAT Fraud Scheme
- Italy: Four Convicted, Seven Plead Guilty in Major VAT Fraud Involving Public Officials
- Italy introduces automated VAT assessment for omitted annual returns
- €3.6 Million VAT Evasion: Major Textile Smuggling Operation Busted in Prato, Italy
