Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasionMilan prosecutors are pushing for a trial against Amazon's European arm and four executives. This follows allegations of tax evasion amount...
12 Mar, 2026, 08.30 PM IST
Tata Motors' balance sheet strength to offset demerger, acquisition risks: S&P Global RatingsTata Motors' financial stability is expected to mitigate the effects of its commercial vehicle business separation and the planned acquisit...
14 Aug, 2025, 02.46 PM IST
Meta, X and LinkedIn appeal unprecedented VAT claim by ItalyU.S. tech giants Meta, X, and LinkedIn are appealing Italy's unprecedented VAT claim, potentially reshaping EU tax policy. Italian authorit...
21 Jul, 2025, 07.13 PM IST
Italy extends big tech tax probe to Musk's X social networkWhile the value-added tax claim is a trifling sum for X, a company that generated $3.4 billion in revenue in 2023, the case is significant ...
25 Feb, 2025, 10.00 PM IST
Italy claims 1 billion euros in unpaid taxes from GoogleJust as in the previous investigation, the probe led by Milan prosecutors alleges that Google did not file and pay taxes on revenues genera...
28 Jun, 2024, 04.08 PM IST
Airbnb sees Q1 revenue above Street estimates on strong international travelThe San Francisco-based company expects revenue between $2.03 and $2.07 billion, compared with the average LSEG estimate of $2.03 billion.
14 Feb, 2024, 08.40 AM IST
EU Commission examines Italy's tax case against MetaThe 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 ...
22 Dec, 2023, 12.18 PM IST
Airbnb agrees to pay $621 million to settle a tax dispute in ItalyShort-term rental platform Airbnb has agreed to pay 576 million euros ($621 million) to settle a years-long dispute over unpaid taxes in It...
15 Dec, 2023, 06.24 PM IST
Booking.com to pay 94 million euros to settle Italian tax disputeProsecutors in the nortwestern Italian port city launched their investigation in 2018 into Booking.com, which is based in the Netherlands, ...
10 Nov, 2023, 11.44 PM IST
Italy's Meta tax review gets underway in potential test case for tech sectorThe case stemmed from an Italian audit that claimed Meta user registrations could be seen as a taxable transaction as they implied the non-...
05 Jul, 2023, 04.03 PM IST
OpenAI's ChatGPT blocked in Italy: privacy watchdogItaly's privacy watchdog has blocked OpenAI's ChatGPT, saying that it did not respect user data and could not verify users' age.
31 Mar, 2023, 05.06 PM IST
Domino's pulls out of Italy, the country that invented pizzaThe US-based food company closed its last stores in Rome and Milan last year, and, according to media reports on Thursday, the company's It...
24 Mar, 2023, 06.57 AM IST
Italy pursues Facebook's Meta for $925 million in sales taxesThe investigation was opened by Milan magistrates at the request of the European Public Prosecutor's Office (EPPO), which asked the Guardia...
22 Feb, 2023, 10.40 PM IST
Italy bans US-based AI chatbot Replika from using personal dataReplika breaches European Privacy Regulations and processes personal data unlawfully as it cannot be based, even implicitly, on a contract ...
03 Feb, 2023, 04.42 PM IST
Protests in Italy over new coronavirus crackdown turn violentIn the northern city of Turin, some demonstrators broke off from a peaceful protest, smashing store windows on an elegant shopping street, ...
27 Oct, 2020, 04.21 PM IST
Tech Mahindra to buy UK-based digital firm as buyout spree continuesTech Mahindra said it agreed to buy UK-based digital technology firm The BIO Agency for an enterprise value of 40 million pounds , as it co...
22 Jun, 2016, 09.33 AM IST
- Software exports new silk route for black money
Sources said that the agencies are working on getting more cooperation from abroad to stem this rot.
11 Mar, 2013, 10.59 AM IST