Amazon Under Scrutiny: Italy Launches Investigation into Tax Evasion Allegations Against Amazon

In a surprising development, Italian authorities announced the opening of an official investigation against Amazon, the e-commerce giant, for alleged tax evasion amounting to €1.2 billion. This announcement puts the company under significant pressure, as it already faces other inquiries into its business practices.
These investigations were first revealed last year, but details regarding the extent of the alleged tax evasion emerged on Friday.
Reports indicate that the new investigation targets Amazon's online sales in Italy during the period from 2019 to 2021. Prosecutors suspect that the company facilitated the sale of goods from sellers outside the European Union without revealing their identities, thereby helping them evade due value-added tax.
This investigation comes at a time when Amazon is facing intense scrutiny over its business practices. In addition to the alleged tax evasion, the company is also under a separate investigation in Italy concerning allegations of tax fraud and illegal labor practices.
It is worth noting that Amazon has not yet issued an official comment on these allegations, but these combined investigations could pose a significant challenge for the company in the Italian market.