- Meta Platforms, the parent company of Instagram and Facebook, owes Italy over €887 million in VAT for the estimated turnover recorded in the country between 2015 and 2021, according to a public prosecutor in Milan.
- The prosecutor argues that users enter into a commercial contract with the platform when they grant access to their data, justifying the imposition of VAT, and claims that Meta has failed to declare €4 billion in revenue, leading to the VAT amount owed.
- Meta disputes the notion that providing users access to its platforms should be subject to VAT, asserting its commitment to fulfilling tax obligations and paying all required taxes in the countries where it operates, while a judge will decide whether to proceed with the case.
Source Taxlive
Latest Posts in "Italy"
- Italy Launches Digital Platform for Real-Time VAT Compliance and Risk Monitoring Starting 2026
- Italy Introduces Standard and Basic VAT Return Forms for 2025 Tax Year Filing
- Online Assistance Program for Pre-filled VAT Documents Extended Experimentally Through 2026 by Revenue Agency
- Project Office to Resolve Import and VAT Uncertainty for Medicines Soon
- Extension of Experimental Period for Pre-filled VAT Registers and Declarations by Revenue Agency
