Meta, X and LinkedIn challenge Italy’s €1 billion VAT claim in landmark EU tax dispute

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US tech giants Meta, X and LinkedIn have formally appealed against a groundbreaking VAT claim by Italy, setting the stage for what could become a defining legal battle over how digital services are taxed across the European Union.

The Reuters report, citing four sources with direct knowledge of the matter, highlighted that the companies filed their appeals with I class=”backlink” target=”_blank” href=”https://www.livemint.com/companies/news/ed-summons-google-meta-in-betting-app-money-laundering-case-11752904954617.html” data-vars-page-type=”story” data-vars-link-type=”Manual” data-vars-anchor-text=”taly’s first-instance”>taly’s first-instance tax court in mid-July after failing to reach a settlement with Italian tax authorities. The case is notable not only for its scale but also because it represents the…



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We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Meta, X and LinkedIn challenge Italy’s €1 billion VAT claim in landmark EU tax dispute


US tech giants Meta, X and LinkedIn have formally appealed against a groundbreaking VAT claim by Italy, setting the stage for what could become a defining legal battle over how digital services are taxed across the European Union.

The Reuters report, citing four sources with direct knowledge of the matter, highlighted that the companies filed their appeals with I class=”backlink” target=”_blank” href=”https://www.livemint.com/companies/news/ed-summons-google-meta-in-betting-app-money-laundering-case-11752904954617.html” data-vars-page-type=”story” data-vars-link-type=”Manual” data-vars-anchor-text=”taly’s first-instance”>taly’s first-instance tax court in mid-July after failing to reach a settlement with Italian tax authorities. The case is notable not only for its scale but also because it represents the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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