Italy is pursuing over 1 billion euros in VAT claims from Meta, X, and LinkedIn

From Yahoo Finance: 2025-03-26 12:08:00

Italy has issued VAT claims to Meta, X, and LinkedIn, totaling 1.04 billion euros. The case involves user registrations as taxable transactions. Meta disagrees with VAT on online platform access. LinkedIn has no comment. X did not respond. The case could impact the entire EU tech industry and force a business model rethink.

Italy targets tech giants in unprecedented VAT claim. Meta, X, and LinkedIn face tax demands totaling over 1 billion euros. The case focuses on user registrations as taxable transactions. Meta disagrees with the VAT claim, while LinkedIn has no comment. The case could impact the tech industry across the EU.

Italy demands 1.04 billion euros from Meta, X, and LinkedIn in a VAT claim. The case involves user registrations as taxable transactions. Meta disagrees with the VAT claim, LinkedIn has no comment. The case could impact the entire EU tech industry and force a business model rethink.

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