FILE PHOTO: Amazon has agreed with Italy’s tax assortment company to pay 510 million euros ($582 million) to settle a tax dispute in the nation.
| Photo Credit: Reuters
Amazon has agreed with Italy’s tax assortment company to pay 510 million euros ($582 million) to settle a tax dispute in the nation, two sources shut to the matter mentioned on Wednesday.
However, in an uncommon improvement, Milan’s prosecutors are in disagreement with the accord between the income company and the U.S. tech firm and plan to proceed their investigation, two different sources mentioned.
The prosecutors, who suspect evasion amounting to some 1.2 billion euros associated to 2019-2021, anticipate to wrap up their probe early subsequent yr, in accordance to the second two sources accustomed to the investigation.
The prosecutors are additionally conducting two different investigations into the corporate – one involving alleged tax evasion relating to 2021-2024, and one other involving alleged customs and tax fraud involving Chinese imports
Published – December 11, 2025 09:54 am IST