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Amazon EU Faces Trial in Italy Over Alleged Unpaid Import VAT

Retail Insight Network · ·by G4L

AMZN Amazon.com Inc
$270.87 +1.48%
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  1. 1Italian prosecutors have served notices to Amazon EU and two senior executives.
  2. 2Milan prosecutors claim more than 1.5 million non-EU product sales were made without proper tax payments.
  3. 3Amazon plans to vigorously defend itself against claims of more than 3.52 million euros (3.9 million dollars) in unpaid import VAT.

So what's the key point?

Amazon EU is facing a trial in Italy over allegations of failing to pay proper taxes. Amazon has stated it will strongly contest the claims that more than 3.52 million euros in taxes were not paid.

Source Retail Insight Network · View original ↗

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