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Google Settles €326M Italian Tax Dispute, Amazon Faces €1.2B VAT Probe

  • Google settled a tax dispute in Italy for EUR 326 million.
  • The dispute involved unpaid taxes, penalties, and interest from 2015 to 2019.
  • Google previously settled a similar case in 2017 for EUR 306 million.
  • Amazon is under investigation for EUR 1.2 billion in VAT evasion from 2019 to 2021.
  • Italian prosecutors are cracking down on tech giants for non-compliance with VAT rules.
  • Italy removed the national Digital Services Tax (DST) threshold, potentially leading to more tax disputes.
  • Tech companies may respond to these disputes by suspending services or changing service terms.

Source: vatabout.com

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.

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