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Amazon agrees EUR 100 mln settlement in Italian tax case

Monday 18 December 2017 | 09:19 CET | News
Update: 18 December 2017 | 11:47 CET
Amazon has become the latest US internet giant to agree to a multimillion euro payment to settle its tax affairs in Italy after the local tax authority announced a deal to settle a long-running dispute. In a statement, Italy's Agenzia delle Entrate confirmed that the company has agreed to pay EUR 100 million to settle outstanding tax claims dating from 2011 to 2015. The deal meant the case was now closed, paving the way for "the correct taxation in Italy for activities related to our country," said the agency. Amazon subsequently added: "We have reached an agreement with the tax authorities

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[18/12/2017 11:47 - Update: Corrects company name in title.]


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Categories: Internet
Companies: Alphabet / Amazon / Apple / Facebook / Google
Countries: Italy
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