Published 1 year ago

Italy pursues Facebook-owner Meta for US$925 million in sales taxes

Summary by New York Post

Facebook parent company Meta faces a potential tax bill of around €870 million (US$925 million) in Italy after prosecutors launched an investigation into the company, two sources with direct knowledge of the matter said on Wednesday.

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Times of India

Italy pursues Facebook's Meta for $925 million in sales taxes - ET Telecom

Meta: The investigation was opened by Milan magistrates at the request of the European Public Prosecutor's Office (EPPO), which asked the Guardia di Finanza police and the Italian Revenue Agency to checks if there is a case for user registrations to be subject to tax.

1 year ago·India

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Hindustan Times

Italy pursues Facebook-owner Meta for $925 million in sales taxes

Facebook parent company Meta faces a potential tax bill of around 870 million euros ($925 million) in Italy after prosecutors launched an investigation into the company.

1 year ago·New Delhi, India

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New York Post

Italy pursues Facebook-owner Meta for $925 million in sales taxes

Facebook parent company Meta (META.O) faces a potential tax bill of around 870 million euros ($925 million) in Italy after prosecutors launched an investigation into the company, two sources with direct knowledge of the matter said on Wednesday.

1 year ago·New York, United States

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Channel News Asia

Italy pursues Facebook-owner Meta for US$925 million in sales taxes

MILAN: Facebook parent company Meta faces a potential tax bill of around €870 million (US$925 million) in Italy after prosecutors launched an investigation into the company, two sources with direct knowledge of the matter said on Wednesday. The investigation was opened by Milan magistrates at the request

1 year ago·Singapore

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RTÉ

Italy pursues Meta for €870 million in sales taxes

Facebook parent company Meta faces a potential tax bill of around €870 million in Italy after prosecutors launched an investigation into the company, two sources with direct knowledge of the matter said today.

1 year ago·Ireland

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The Globe & Mail

Facebook parent Meta faces potential US$925-million tax bill in Italy, sources say

The two sources said that investigators believe that free membership on Meta platforms comes in return for access to user data and should be classified as an exchange of services

1 year ago·Canada

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