Italy investigates Amazon over alleged 1.2 billion euro tax evasion


FILE PHOTO: Flags flutter outside a distribution centre in Passo Corese, Italy March 22, 2021. REUTERS/Remo Casilli/File Photo

MILAN (Reuters) - Italian prosecutors are investigating e-commerce giant Amazon and three of its executives over alleged tax evasion worth 1.2 billion euros ($1.26 billion), two sources with direct knowledge of the matter said on Friday.

News of the investigation broke last year, but the details over its extent emerged on Friday, first reported by the Italian daily Corriere della Sera.

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