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Netflix settles Italian tax dispute

May 23, 2022 10.24 Europe/London By Chris Dziadul

Netflix has agreed to pay €59.1 million to tax authorities in Italy.

According to Reuters, quoting a statement by Milan prosecutors, the settlement was for a period covering October 2015-2019. Although the statement referred to a multinational VOD company, three sources confirmed that the company in question is Netflix.

Prosecutors began an investigation into tax investigation because Netflix used digital infrastructure to deliver its service to 2 million users in the country.

As previously reported by Broadband TV News,Netflix opened a new office in Italy earlier this month.

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Filed Under: Editor's Choice, Newsline, On Demand/VOD, Platforms, Streaming Tagged With: Italy, Netflix Edited: 24 May 2022 10:17

About Chris Dziadul

Chris is our Central & East Europe Editor. You can talk to Chris on Twitter @chrisdziadul or by email at cdziadul@broadbandtvnews.com

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