By Emilio Parodi MILAN (Reuters) - An Italian tax claim against Facebook parent Meta has been escalated to the EU Commission's VAT committee for evalu.
The EU VAT committee s assessment, the timing of which is unknown, will be non-binding, but a "No" from it could push the ministry and the tax agency to stop challenging Meta, and ultimately to drop the criminal investigation by Milan prosecutors as well, the sources said.
Italy's case against Meta has been escalated to the European Commission, and could see the platform fork out unpaid taxes to the bloc's 26 other nations.
Italian police seized over 10 million euros (10.7 million U.S. dollars) from 11 companies for alleged tax fraud in connection with a probe into mafia ...
Over $10Mn Seized In Probe Into Mafia Infiltration In Italy menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.