Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 million) by Facebook parent company Meta involving two executives of its Irish unit, the Milan prosecutor's office said on Monday.

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Singapore

Italy wraps up probe into two Meta execs on alleged $938 million VAT evasion by Facebook owner

MILAN : Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 million) by Facebook parent company Meta involving two executives of its Irish unit, the Milan prosecutor's office said on Monday.Closing the investigation is the formal step before prosecutors fil

Media Bias/Fact Check

Government of Singapore

Meta has 60 days to respond to the tax authority’s observations.

The Straits Times

Singapore Press Holdings

Italy wraps up probe into two Meta execs on alleged $1.25b VAT evasion by Facebook owner

Meta Platforms, the parent company of Instagram and Facebook, among others, still owes Italy more than 887 million euros in VAT, a public prosecutor in Milan said on Monday. The amount concerns VAT on the estimated turnover that the company booked in the country between 2015 and 2021.

Meta Platforms, het moederbedrijf van onder meer Instagram en Facebook, is Italië nog ruim 887 miljoen euro aan btw verschuldigd. Dat heeft een openbaar aanklager in Milaan maandag verklaard. Het bedrag betreft de btw over de geschatte omzet die het bedrijf tussen 2015 en 2021 heeft geboekt in het land.

Italiaanse openbaar aanklager eist ruim 887 miljoen euro achterstallige btw van Meta

Het Nieuwsblad

Mediahuis

Belgium

Italian prosecutor demands over €887 million in VAT arrears from Meta

The Milan prosecutor's office has closed the investigation against the legal representatives of Meta Platforms Ireland Limited, owner of the social networks Facebook and Instagram, and has contested a tax evasion of more than 887 million euros. The sum emerged following the investigations of the Economic and Financial Police Unit of the GDF based on the failure to submit the value added tax return by the colossus, for the years from 2015 to 2021.

La procura di Milano ha chiuso le indagini nei confronti dei rappresentanti legali di Meta Platforms Ireland Limited, titolare dei social network Facebook e Instagram, ed ha contestato una evasione fiscale di oltre 887 milioni di euro. La somma è emersa in seguito agli accertamenti del Nucleo di polizia economico finanziaria della Gdf in base alla mancata presentazione della dichiarazione dell’imposta sul valore aggiunto da parte del colosso, pe…

"Omessa Iva". Due indagati ai vertici di Meta

Quotidiano Nazionale

Italy

“VAT omitted.” Two suspects at the top of Meta

The Milan Public Prosecutor's Office has closed its investigations into the legal representatives of Meta Platforms Ireland Limited, owner of the social networks Facebook and Instagram, for alleged tax evasion of over 887 million euros, prosecutor Marcello... (ANSA)

ANSA

Meta investigation closed, representatives investigated - General News

Investigations are closed for an alleged tax evasion of more than 887 million euros against the legal representatives of Meta Platforms Ireland Limited (the company that controls Facebook, Instagram, WhatsApp and Messenger). This was announced in a press release by the Milan prosecutor, Marcello Viola. The investigation had been anticipated by Il Fatto Quotidiano on February 22, 2023 and the sum emerged following the investigations of the Econom…

Chiuse le indagini per una presunta evasione fiscale di oltre 887 milioni di euro nei confronti dei rappresentanti legali di Meta Platforms Ireland Limited (società che controlla Facebook, Instagram, WhatsApp e Messenger). Lo ha reso noto con un comunicato stampa il procuratore di Milano, Marcello Viola. L’inchiesta era stata anticipata da il Fatto Quotidiano il 22 febbraio del 2023 e la somma è emersa in seguito agli accertamenti del Nucleo di …

La procura di Milano chiude le indagini su Meta per evasione fiscale: "887 milioni di euro di Iva non versata"

Il Fatto Quotidiano

Rome

Metropolitan City of Rome

Lazio

The Milan prosecutor's office closes the investigation into Meta for tax evasion: “887 million euros in unpaid VAT”

By Emilio Parodi MILAN (Reuters) –     Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros ($937.93 million) by Facebook parent company Meta involving two executives of its Irish unit, the Milan prosecutor’s office said on Monday. Closing the investigation is the formal step before prosecutors file any requests for trial, unless the suspects have first proven their innocence. While it is a modest sum for a…

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WTVB

Midwest Communications

The Prosecutor's Office of Milan has accused Meta on Monday of not paying 887 million euros of value added tax (VAT) for the trade of its users' data between 2015 and 2021. Prosecutor Marcello Viola has notified the legal representatives of the Facebook and Instagram matrix, among others, of the conclusion of their inquiries. These, as read in a statement, have allowed us to verify how "the Meta group, to allow its users to use their own softwar…

La Fiscalía de Milán ha acusado este lunes a Meta de no pagar 887 millones de euros del impuesto sobre el valor añadido (IVA) por el comercio de los datos de sus usuarios entre 2015 y 2021. El fiscal Marcello Viola ha notificado a los representantes legales de la matriz de Facebook  e Instagram, entre otras, la conclusión de sus pesquisas.Estas, según se lee en un comunicado, han permitido verificar cómo "el grupo Meta, para permitir a sus usuar…

Italia acusa a Meta (Facebook e Instagram) de evadir 887 millones de IVA en seis años

20minutos

Madrid

Community of Madrid

Spain

Italy accuses Meta (Facebook and Instagram) of evading 887 million VAT in six years

ALBAWABA – Meta, the American multinational technology company that owns and operates Facebook, Instagram, Threads, and WhatsApp, is facing a $938 million value-added tax (VAT) on estimated revenues generated in Italy between 2015 and 2021...

Al Bawaba

Amman

Amman Governorate

Jordan

Meta faces around $1B tax demand from Italy

The prosecutor's office in Milan estimated today, at the end of an investigation by the financial police against Meta, that the American giant, parent company of Facebook and Instagram, owes more…More...

Η εισαγγελία του Μιλάνου υπολόγισε σήμερα, κατά την ολοκλήρωση μιας έρευνας της οικονομικής αστυνομίας σε βάρος της Meta, ότι ο αμερικανικός κολοσσός, μητρική εταιρεία των Facebook και Instagram, χρωστάει περισσότερα…Περισσότερα...

Italy wraps up probe into two Meta execs on alleged $938 million VAT evasion by Facebook owner

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