Italy is investigating Amazon for alleged tax evasion amounting to €1.2 billion. Authorities are examining the tech giant’s financial practices, focusing on claims that it avoided taxes through complex accounting methods. The probe highlights ongoing scrutiny of multinational corporations’ tax strategies.
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Google has agreed to pay $340 million to Italy to resolve a tax evasion investigation. This settlement aims to address concerns over the tech giant’s tax practices in the country and reflects ongoing scrutiny of multinational corporations’ tax obligations worldwide.
Italy has launched an investigation into automakers Stellantis, Tesla, Volkswagen, and BYD over allegations of misleading information provided to consumers regarding electric vehicles. The inquiry aims to ensure transparency and protect consumer rights in the expanding EV market.