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Sci-Tech

AFP
October 3, 2019

Netflix in Italy tax evasion probe: reports

Sci-Tech

AFP
Thu, Oct 03, 2019
Netflix in Italy tax evasion probe: reports. 

Italian prosecutors have opened an investigation into Netflix for suspected tax evasion, the Corriere della Sera said on Thursday.

The Milan probe is into "persons unknown" as the US subscription video service has neither a headquarters nor employees in Italy, the daily said.

Netflix, which landed in Italy in 2015, had some 1.4 million subscribers last year, according to the Comparitech technology site.

AFP was not able to confirm the newspaper report immediately with the financial police or Milan's public prosecutor's office.

Netflix in Italy tax evasion probe: reports

Prosecutors in the northern Italian city have lead several major tax investigations against US web giants, allowing the Italian government to recover millions of euros in unpaid taxes.

Last year social network Facebook agreed to pay Italy more than 100 million euros after just such a probe.

Online retail giant Amazon forked out over 100 million euros in 2017, while Google paid 306 million euros. They followed Apple, which in 2015 handed over more than 300 million euros.