Meta, X, LinkedIn Challenge Italy’s VAT on Free User Signups in Landmark Tax Case

• Meta, X, and LinkedIn are appealing a VAT claim by Italy.
• The case could impact tax policy across the EU.
• Italy claims free user registrations should be taxable due to data exchange.
• Italy seeks $1.03B from Meta, $14.6M from X, and $164M from LinkedIn.
• The case aims to establish a broader approach to service access and data exchange.
• The Italian approach could affect many companies offering free services.
• Meta disagrees with the VAT application on platform access.
• The EU Commission’s VAT Committee’s assessment is non-binding but influential.

Source: seekingalpha.com

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.