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EXCLUSIVE-Italian Tax Police Search Amazon in New Tax Probe, Sources Say
The probe targets alleged undeclared income and a permanent establishment in Italy from 2019 to 2024, with Amazon agreeing to pay €510 million in a prior tax dispute.
- On Thursday, Italian tax police searched Amazon's Milan headquarters, the homes of seven Amazon managers, and KPMG's offices.
- Prosecutors suspect Amazon EU Sarl had an undisclosed permanent base in Italy from 2019 to 2024, based on employee dismissals and rehiring, and should have paid more taxes.
- Guardia di Finanza seized computers, hard drives, and staff emails deleted every three months, as part of probes into suspected evasion of 510 million euros, prosecutors said.
- Amazon said the actions were `aggressive and wholly disproportionate` while asserting it is committed to paying all taxes in Italy and warned such enforcement affects investors; Scarafia's lawyer was not immediately available for comment.
- Amazon said it sought formal tax clarity from the Italian Revenue Agency while cooperating with authorities after last year agreeing to pay 510 million euros and KPMG was searched for providing an opinion.
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Times of India
The Economic TimesItalian tax police search Amazon in new tax probe, sources say
Italian tax police conducted searches at Amazon's Milan headquarters and the homes of seven managers. This is part of a new investigation into alleged tax evasion. Prosecutors suspect Amazon had an undisclosed permanent base in Italy from 2019 to 2024. The probe also involves auditing firm KPMG. Amazon previously settled a tax dispute for 510 million euros.
The Guardia di Finanza has carried out searches at Amazon's Italian headquarters in the context of a new investigation for an alleged tax evasion of some hundreds of millions between 2019...
There is a new investigation by the Milan Public Prosecutor's Office on Amazon. The magistrates investigate an alleged tax evasion of some hundreds of millions between 2019 and 2023 by the US technological giant. Upon delegation of the prosecutor's office as Reuters has anticipated the Guardia di Finanza of Monza has carried out a series of searches in the Italian headquarters of the company led by Jeff Bezos and also in the homes of 7 managers …
The hypothesis of the Milan Public Prosecutor is of hundreds of million not declared
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