Italy hands €1bn tax demands to social media giants in landmark EU case

Italy has handed tax demands to Meta, X, and LinkedIn in the last formal step in an unprecedented Vat claim against the US tech giants that could have repercussions across the European Union.
Italy has handed tax demands to Meta, X, and LinkedIn in the last formal step in an unprecedented Vat claim against the US tech giants that could have repercussions across the European Union.
While it has been reported that Facebook and Instagram parent company Meta and Elon Musk's social network X were under investigation for alleged tax fraud, it had not been disclosed that Microsoft's LinkedIn unit was also caught up in Italy's pilot Vat case for the tech sector in Europe.