Netflix Reconciles With The Italian Government: Supplementary Payment Of $59 Million In Taxes

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According to reports, Netflix, an American streaming video service provider, said today that the company had agreed to resolve its tax dispute with the Italian government. Meanwhile, Milan prosecutors also issued a statement saying that they reached a settlement with a multinational streaming video service provider from October 2015 to 2019, and asked the company to pay 55.8 million euros (about 59.1 million US dollars) in taxes.

The name of Netflix's streaming service provider was not confirmed by an informed source in Milan.

In response, a Netflix spokesman said that the company was happy to solve the matter. "We have maintained constant dialogue and cooperation with the Italian authorities and continue to believe that our actions are in full compliance with Italian and international rules," the spokesman said

Three years ago, Milan prosecutors launched an investigation into Netflix's potential tax evasion. Milan prosecutors said that although Netflix has no local entity, Netflix should pay taxes in Italy because it uses digital infrastructure to provide streaming media content to 2 million users in the country. Netflix uses cables and computer servers that are equivalent to physical presence in Italy.

Today, Netflix has opened an office in Italy, established a base in Rome and recruited more than 40 employees.

In addition to Netflix, in the past few years( https://apple.pvxt.net/c/1251234/435400/7639?u=https%3A%2F%2Fwww.apple.com%2Fcn%2Fmusic%2F ) Other US technology giants such as, Amazon and Facebook conducted tax evasion investigations and fined them billions of euros.

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