facebook
twitter
rss
account
search
search
 

Facebook denies avoiding taxes in Italy

Dec. 8, 2012 at 3:55 PM   |   Comments

MILAN, Italy, Dec. 8 (UPI) -- Tax police are investigating the Italian operations of social media giant Facebook to determine if the U.S. company has paid its fair share of taxes in Italy.

The investigation of Facebook comes less than 10 days after authorities said search engine Google may have underpaid its taxes by $123 million between 2002 and 2006. Google has denied any wrongdoing.

Tax police Friday took documents needed for an audit from Facebook's offices in Milan but there was no word how much Facebook might owe, Italy's ANSA news agency reported. Sources told ANSA that tax police were checking Facebook's accounting records.

Facebook's Italian operation said it was fully cooperating with the investigation and released a statement saying: "Facebook pays taxes in Italy as part of its activity in the country and takes its obligations in terms of Italian law very seriously."

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
School accused of using girl as rape bait; girl gets attacked School accused of using girl as rape bait; girl gets attacked
2
Syrian Al Qaida group executes Lebanese soldier Syrian Al Qaida group executes Lebanese soldier
3
Kentucky firefighter injured in ice bucket challenge dies Kentucky firefighter injured in ice bucket challenge dies
4
Sister shoots and kills brother to protect father Sister shoots and kills brother to protect father
5
White House intruder had a knife White House intruder had a knife
Trending News
Video
x
Feedback