This article addresses the question of whether tech companies like Meta and X should pay VAT on the user data they collect. The author argues that the “consent or pay” models used by these companies make it clear that user data has monetary value, and therefore should be subject to VAT. Recent actions by Italian tax authorities, who are considering substantial VAT claims against Meta and X, highlight the growing debate and potential financial implications. The author calls for more decisive action from tax authorities to prevent further loss of potential VAT revenue.
Source: ndfr.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.
