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Italy hits U.S. online retailer Amazon with 130-mln-euro tax probe

Xinhua, April 28, 2017 Adjust font size:

U.S. online retailing giant Amazon.com was implicated Friday in an Italian tax probe, alleging the company owes 130 million euros (141 million U.S. dollars) in unpaid taxes for a five-year period ending in 2015.

The investigation is at least the third in Italy against a big U.S. digital company that Italian tax officials targeted in major tax probe.

In January, Italian officials opened an investigation alleging that search engine company Google owed at least 224 million euros, a charge the company denied.

In late 2015, computer and mobile device giant Apple settled a tax suit for 318 million euros, the largest single tax settlement ever in Italy.

In the Amazon case, tax authorities filed paperwork with prosecutors in Milan, alleging that Amazon's tax payments on 2.5 billion euros between 2011 and 2015 was too low.

Amazon officials in Italy did not immediately comment on the probe, but in 2016 the company denied any wrongdoing when reports of a potential tax investigation in Italy emerged.

Amazon was founded in 1994, and the company has operated its own Italy-only site since 2010. Since 2013, the Italy site has been the country's largest online retailer. Endit