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US tech giant Apple is under investigation in Italy for allegedly hiding 1bil euros (RM4.33bil) from the local tax authority, two judicial sources with direct knowledge of the matter told Reuters.
Amazon will bring 1,700 new jobs to Italy by the end of the year, the online commerce giant announced July 9, bringing its number of employees working in the country’s groaning economy to 5,200.
Facebook Inc is intensifying scrutiny of its pages to root out bogus news reports and other attempts to interfere with Italy’s general election in March, according to people familiar with the matter.
A court blocked the use of smart phone apps for Uber cars in Italy, ruling that they constituted unfair competition.
Italy and Alibaba hope to boost the share of Italian wine sold on the Chinese e-commerce network 10-fold as part of wider moves to increase Italian wine exports to China where it still lags France and other wine-making peers.
Italy is demanding Google pay over €200mil (RM901mil) in back taxes following an inquiry into its tax arrangements by the financial police, a judicial source said.
Amazon.com Inc is under investigation in Italy for alleged tax evasion, the company's chief for Italy and Spain Francois Nyuts told Bloomberg.
Italy's tax authorities are looking at a proposal from Alphabet Inc's Google to pay between €270mil (RM1.27bil) and €280mil (RM1.32bil) to settle a tax dispute, a source close to the matter said.