Exclusive-Italy targets ION in latest Big Tech tax evasion probe, sources say

Business

ROME :Italy is seeking 1.2 billion euros ($1.3 billion) from fintech group ION following a probe by prosecutors in the northern city of Bologna into alleged tax evasion over the 2013-2023 period, two people with knowledge of the matter said. The investigation adds to a string of tax evasion cases in Italy targeting U.S. tech companies, which are also at the centre of a wider EU response to the trade war sparked by U.S. President Donald Trump's tariffs. In February, Italian prosecutors said they

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Exclusive-Italy targets ION in latest Big Tech tax evasion probe, sources say https://www.channelnewsasia.com/ - 09.04.2025 23:44

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Exclusive-Italy targets ION in latest Big Tech tax evasion probe, sources say https://www.channelnewsasia.com/ - 09.04.2025 23:44