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Amazon to pay €510 million to settle tax dispute with Italy

Business

Amazon just agreed to pay €510 million (about $582 million) to settle a tax dispute with Italy's tax agency.
The move comes after accusations that the company dodged taxes, but here's the twist: Milan prosecutors aren't letting it go and are still digging into possible tax evasion worth around €1.2 billion from 2019-2021.

Amazon still under legal spotlight in Italy

Even with this big payout, Amazon isn't off the hook yet.
Prosecutors are also investigating two more cases—one about alleged tax evasion from 2021-2024, and another looking into customs and tax fraud tied to Chinese imports.
So, while Amazon might have settled one bill, its business practices in Italy are still getting a lot of attention from local authorities.