Italy wraps up probe into two Meta execs on alleged $938 mln VAT evasion by Facebook owner
MILAN - Italian prosecutors have wrapped up a probe into alleged tax evasion of 887.6 million euros by Facebook parent company Meta involving two executives of its Irish unit, the Milan prosecutor's office said on Monday.
Meta has said that it takes its tax obligations seriously, has paid all tax required in the countries where it operates and would fully cooperate with the Italian authorities.The Milan prosecutor's office had been carrying out a criminal investigation into the two managers of the Irish-registered company Meta Platforms Ireland Ltd, a subsidiary of the U.S. group.
In mid-November Italy's Revenue Agency sent Meta a so-called "deed outline" , a list of its own observations, fully endorsing the conclusions of a Guardia di Finanza police investigation, two sources with knowledge of the matter told Reuters on Monday.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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