Meta, X and LinkedIn Appeal VAT Claim by Italy
ITALY, JUL 21 – Italy demands over €1 billion in VAT from Meta, X, and LinkedIn for free user registrations, a case that could set EU-wide tax precedents, officials said.
- Meta Platforms, Inc., X, and LinkedIn are appealing a tax case in Italy that may change digital service taxation in the European Union.
- Italy claims that personal data exchange for free social media access is taxable under VAT laws, seeking €887.6 million from Meta, €12.5 million from X, and €140 million from LinkedIn.
- This case is significant as it marks Italy's first formal litigation against tech companies regarding taxes.
- Meta stated it has cooperated fully with the authorities but disagrees that access to online platforms should be taxed under VAT.
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Exclusive: Meta, X and LinkedIn appeal unprecedented VAT claim by Italy
U.S. tech giants Meta , X and LinkedIn have lodged an appeal against an unprecedented VAT claim by Italy that could influence tax policy across the 27-nation European Union, four sources with direct knowledge of the matter said on Monday.
·United Kingdom
Read Full ArticleMark Zuckerberg's Meta And Elon Musk's X Fight Back Against Efforts By Italy To Tax Free Access To Social Media In Exchange For Users' Personal Data - Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META)
Italy's unprecedented VAT lawsuit against Meta, X and LinkedIn over the exchange of user data for free access could set a major precedent for how digital services are taxed across the EU.
·New York, United States
Read Full ArticleMeta, X and LinkedIn challenge Italy’s €1 billion VAT claim in landmark EU tax dispute
Meta, X, and LinkedIn have appealed Italy's VAT claim, marking a significant legal battle over digital services taxation in the EU. Italy's unique VAT interpretation could redefine taxable transactions, impacting various industries.
·New Delhi, India
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