22:30
X

Italy expands tax probe to Musk’s X, seeks €12.5 Million in VAT

In a move with potentially far-reaching implications for the tech industry in Europe, Italian tax authorities have extended their investigation to Elon Musk’s social network X, seeking €12.5 million in value-added tax (VAT) for the period 2016 to 2022, Reuters has reported.

03:41

Musk Slams U.S. Bureaucracy After Treasury Access Blocked

Elon Musk criticised the U.S. bureaucracy on Tuesday, arguing that unelected officials hold too much power. Speaking alongside President Donald Trump, he defended his push for government oversight after a judge blocked his department from accessing Treasury payment systems.

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