Italian prosecutors are examining whether online giant Amazon.com evaded 1.2 billion euros in value-added tax (VAT) it should have paid on behalf of certain third-party sellers, sources told AFP ...

Italian tax authorities have accused Amazon of evading €1.2bn in VAT payments, in the latest effort by European authorities to scrutinise the business affairs of US Big Tech groups in the continent.

A review of transactions from 2019 to 2021 by Italy's financial crime police found "unpaid VAT" by Amazon amounting to 1.2 billion euros, a source at the force told AFP. "If you add to this sum ...