Italian tax police raid Facebook offices

Dec 07, 2012
Italian police on Friday raided the Milan offices of US social media giant Facebook over possible violations of tax laws, Italian media reported.

Italian police on Friday raided the Milan offices of US social media giant Facebook over possible violations of tax laws, Italian media reported.

Facebook Italia is based in Milan and is associated with Facebook Inc. in the United States and Facebook .

"Facebook pays taxes in Italy as part of its activity in the country and takes its obligations in terms of Italian tax law very seriously," the company said in a statement.

Facebook Italia said it had "cooperated fully".

The Italian-registered company, according to its official document, has social capital of 10,000 euros ($13,000) and 11 employees and therefore pays very low taxes, Italian media reported.

Italia had gross revenues of 2.0 million euros in 2011, which counted as "services" for promotion on the Italian market.

A probe by Italian tax police against Italy last month found that the company failed to declare income of 240 million euros ($310 million) and pay value added tax of 96 million euros.

Explore further: Putin signs law seen as crimping social media

add to favorites email to friend print save as pdf

Related Stories

Italian probe alleges Google underpaid tax

Nov 28, 2012

A probe by Italian tax authorities into US Internet giant Google's Italian arm has found it failed to declare income of 240 million euros ($310 million) and pay value added tax of 96 million euros.

French authorities probe Google's tax bill

Mar 20, 2012

French authorities are probing Google for potential tax avoidance, a source close to the matter said Tuesday, with the US Internet giant facing a possible bill of over 100 million euros ($132 million).

Italian police 'track mafia with Facebook'

Sep 21, 2012

Italian police are making use of Facebook to identify criminal networks and even to catch gangsters who cannot resist posting updates while on the run, L'Espresso weekly reported on Friday.

Amazon opens Spanish, Italian Kindle stores

Dec 01, 2011

Amazon began offering digital books in Spanish and Italian for the Kindle on Thursday and selling Spanish- and Italian-language versions of the electronic book reader.

Recommended for you

Putin signs law seen as crimping social media

1 hour ago

President Vladimir Putin on Tuesday signed a law requiring Internet companies to store all personal data of Russian users at data centres in Russia, a move which could chill criticism on foreign social networking ...

User comments : 0