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
Google pays 326 million euros to settle Italy tax dispute: prosecutorTech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesda...
19 Feb, 2025, 03.46 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 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
Airbnb to pay $621 million to settle tax case in ItalyItaly's financial police seized over 779 million euros from the company last month on the order of Milan prosecutors, who accused the site ...
13 Dec, 2023, 11.33 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 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
Netflix to pay $59 million to settle Italian tax disputeProsecutors had opened an investigation into potential tax evasion three years ago. They claimed Netflix should have paid taxes in Italy be...
20 May, 2022, 05.56 PM IST
US suspends tariffs on UK, India, European nations in digital tax disputeThe decision comes at the conclusion of a year-long investigation into taxes that Washington says discriminated against big US tech compani...
02 Jun, 2021, 10.55 PM IST
France, Germany plan billions in pandemic recovery spendingThe finance ministers of the EU's two biggest economies on Tuesday underlined their joint determination to use the spending to transform Eu...
27 Apr, 2021, 08.27 PM IST
Disputed $123 mn Da Vinci artwork won't return to Italy, thanks to a Swiss courtThe 'Portrait of Isabella d’Este' painting has become the subject of an international tug-of-war.
03 Jun, 2019, 02.59 PM IST
India Inc pitches for lower tax rates in BudgetThe industry also wants the government to focus on infrastructure, unveil measures to widen the tax base and lower personal income tax rate...
29 Jan, 2017, 12.31 PM IST
Germany, EU deny report on European solidarity tax"The fact remains: we don't want tax increases in Germany or to introduce an EU tax," government spokesman Steffen Seibert said in a statem...
10 Oct, 2015, 04.20 PM IST
Germany, European Commission mull solidarity tax for refugeesThe money could be raised through a surcharge on petroleum tax or by increasing Value Added Tax (VAT), the Sueddeutsche Zeitung reported wi...
10 Oct, 2015, 02.55 PM IST
Google moves AAR to settle tax row, I-T department imposed a Rs 76-cr penalty on companyGoogle, mired in tax controversies in different jurisdictions, wants a quick decision on its dispute with Indian tax authorities.
21 Jan, 2013, 06.30 AM IST
- Bidding for oil blocks under NELP-VII to close on June 30
India's largest ever offering of oil and gas exploration areas will close on Monday with only a few big international players such as Eni o...
27 Jun, 2008, 06.43 PM IST