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Benzinga

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Ananya Gairola

Mark Zuckerberg's Meta And Elon Musk's X Fight Back Against Efforts By Italy To Tax Free Access To Social Media In Exchange For Users' Personal Data

Mark Zuckerberg Meta United States Italy LinkedIn European Union Twitter Inc. Elon Musk X Microsoft Microsoft Corporation

Moscow,,Russia,,29.07.2023:,New,Elon,Musk's,Twitter,X,App,On

U.S. tech giants Mark Zuckerberg-led Meta Platforms, Inc. (NASDAQ:META), Elon Musk's X, formerly Twitter and Microsoft Corporation's (NASDAQ:MSFT) LinkedIn are reportedly fighting back against a tax case in Italy that could reshape how digital services are taxed across the European Union.

What Happened: Meta, X and LinkedIn have filed an appeal against a landmark value-added taxes demand issued by Italian authorities, reported Reuters on Monday, citing four sources with direct knowledge of the matter.

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