- Italy demands hundreds of millions in unpaid VAT from Meta, X, and LinkedIn
- The Italian tax authority has officially filed the claim with these tech companies
- Reuters reports this based on insider information
- Meta, X, and LinkedIn are under investigation by Italian authorities
- X faces a tax bill of 12.5 million euros, LinkedIn 140 million euros for specific periods
- Italy seeks 887 million euros from Meta for unpaid taxes
- Meta argues no VAT is owed as users do not pay for profiles
- The case could impact other EU companies offering services in exchange for data
- It is uncertain if the case will proceed to court as parties may reach an agreement
Source: rtl.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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