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

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.

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.

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.

Meta could be forced to pay taxes of over 800 million euros in Italy

Meta, firma mamă a Facebook, s-ar putea confrunta cu o potenţială plată de impozite de aproximativ 870 milioane de euro în Italia, după ce procurorii au demarat o investigaţie privind compania, au declarat pentru Reuters surse care au dorit să-şi păstreze anonimatul.

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

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.