MILAN (Reuters) - Milan tax police have told Amazon they believes the world's largest online retailer has evaded around 130 million euros ($142 million) of taxes in Italy, a source close to the matter said on Friday.
The allegedly unpaid taxes refer to the period between 2011 and 2015, when Amazon (O:AMZN) made revenues of around 2.5 billion euros in Italy, the source said.
The tax police's findings have been handed to Milan prosecutors, the source added.
Amazon issued a statement denying it had evaded any taxes, and said its profits in Italy, on which taxes are paid, had been low due to its considerable investments in the country.