Italy Probes Meta for Alleged €870 Million in Unpaid VAT (1)

Milan prosecutors are investigating Facebook parent company Meta Platforms Inc. for alleged unpaid VAT taxes for a total of about €870 million ($927 million), according to people familiar with the matter.

The investigation, originally led by Italy’s Guardia di Finanza finance police, is focused on the years 2015 to 2021, the people said, asking not to be named discussing private information.

“We take our tax obligations seriously and pay all tax required in each of the countries where we operate, and we strongly disagree with the idea that providing access to online platforms to users should be charged with VAT,” ...