- Italian Public Prosecutor’s Office claims Meta should pay 887 million euros in VAT
- Uncertain if Italian court will take up the case
- Madeleine Merkx explains potential consequences in the Netherlands
- Users of Facebook and Instagram do not pay money, but provide personal data
- Italian Public Prosecutor argues VAT should be paid on data provided by users
- Meta may have to pay VAT on services in exchange for access to personal data
- Meta could owe significant VAT if determined to be providing service in exchange for data
- Italian Public Prosecutor claims Meta failed to report 4 billion euros in revenue
- VAT owed calculated at 887.6 million euros
- Case could have implications for all EU member states and other platforms
Source: eur.nl
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.