Amazon (AMZN) Could Face Trial In Italy Over Unpaid Import VAT

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Amazon.com (NasdaqGS:AMZN) faces a potential criminal trial in Italy over alleged unpaid import VAT and customs duties on non EU goods. Italian prosecutors are targeting Amazon's European unit and managers over marketplace sales of millions of products imported from outside the EU. The case centers on alleged failures to account for VAT and duties on third party cross border shipments handled through Amazon's European marketplace. The Italian investigation into alleged unpaid import VAT and customs duties on Amazon's marketplace activity reshapes the broader risk picture investors are tracking. Check out 5 other big wins that Amazon.com investors should know about.