Italian authorities are probing global streamer Netflix over alleged tax evasion in the European country. According to reports from Bloomberg and Reuters, the investigation has been opened by prose…
According to reports from Bloomberg and Reuters, the investigation has been opened by prosecutors in Milan after the U.S. company failed to file a tax return this year., the prosecutors are arguing that the streamer’s infrastructure, including servers and cables that deliver content to some 1.4 million users, qualify it as a local business and thus it should pay taxes.
No Netflix executive is under investigation. Milan prosecutors have previously probed US companies Apple, Amazon and Facebook over tax issues.Netflix representatives could not immediately be reached for comment.Subscribe to
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