- Meta, X, and LinkedIn are appealing an Italian VAT claim totaling over €1 billion.
- Italy says free platform access in exchange for users’ personal data is a taxable barter transaction.
- The claims are €887.6 million for Meta, €140 million for LinkedIn, and €12.5 million for X.
- Unlike earlier tech tax cases, the companies are fighting the case in court, which is Italy’s first full judicial tax trial against major tech firms.
- The ruling could influence how digital barter and data are taxed across the EU.
Source: news.futunn.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.
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