Italy hits Amazon with 121-mln-euro fine for tax evasion, worker exploitation


  • World
  • Thursday, 25 Jul 2024

ROME, July 24 (Xinhua) -- Italian financial police announced Wednesday that they have seized 121 million euros (131.1 million U.S. dollars) from the Italian operations of retail giant Amazon for alleged tax evasion and worker exploitation.

A spokesman for the Italian financial authorities told Xinhua Wednesday that the seizure -- the largest-ever of its kind in Italy -- was connected to the methods the retailer used to pay outsourced labor, which both reduced the company's tax payments and allowed it to pay workers below the going rates.

"The company illegally employed mechanisms for non-existent operations that allowed fraudulent tax bills and worker exploitation," the official said.

For its part, Amazon sent a statement to reporters saying, "We comply with all applicable laws and regulations in every country where we operate and we demand that companies that work with us do the same." It did not elaborate further.

Amazon has had several legal and financial problems in Italy in recent years. Among them are 10 million euros in fines from the country's antitrust regulator for limiting consumer choice on its website in April. (1 euro = 1.08 U.S. dollar)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Typhoon Yagi weakens after hitting Vietnam's capital Hanoi
Australia's census to include sexual orientation, gender questions for first time
Venezuelan former opposition candidate Gonzalez leaves country, VP says
Pope Francis visit keenly awaited in deeply Catholic East Timor
Musk says SpaceX to launch first uncrewed Starships to Mars in two years
Kentucky shooter at large after wounding at least seven along highway
New China-Europe express railway assembly center launched in Serbia
Wildfire in Canadian national park now under control, officials say
Bolivia declares national emergency due to forest fires
Roundup: Pakistani scholars hail China's modernization, envision CPEC cooperation

Others Also Read