Italy Prosecutor Says Meta Didn’t Pay VAT of €888M in 2015-2021

A prosecutor in Milan Court says Meta Platforms Ireland Ltd didn’t pay VAT worth up to €887.6 million between 2015 and 2021, according to an emailed statement.

• Meta hasn’t declared a potential €3.99 billion taxable revenue over the same period: prosecutor
• A representative for Meta didn’t immediately respond to a request for comment
• NOTE: Italy Probes Meta for Alleged €870 Million in Unpaid VAT

--With assistance from Daniele Lepido.

To contact the reporter on this story:
Antonio Vanuzzo in Milan at avanuzzo@bloomberg.net

To contact the editors responsible for this story:
Wout Vergauwen at wvergauwen@bloomberg.net

Tiago Ramos Alfaro

© 2024 ...