Tax authorities, Amazon: ‘Agreement reflects commitment to cooperate with Italian authorities’

Rome, 10 December (LaPresse) – “We have reached an agreement with the Revenue Agency and remain focused on providing an excellent shopping experience for our customers in Italy. This agreement reflects our commitment to working constructively with the Italian authorities. We will defend ourselves vigorously against any criminal proceedings, which we believe to be unfounded. We are among the top 50 taxpayers in Italy and one of the largest foreign investors in the country. Over the past 15 years, we have invested more than €25 billion in Italy, where we directly employ more than 19,000 people. Unpredictable regulatory environments, disproportionate penalties and protracted legal proceedings affect Italy’s attractiveness as an investment destination.” This was Amazon’s statement regarding the agreement with the Italian Revenue Agency.