Italian tax authority the Guarda di Finanza (GDF) has launched an investigation into PokerStars over allegations that the operator has filtered €300m in revenue through a subsidiary company in order to cut its tax liabilities in the country.

The operator has been accused of evading tax by effectively hiding revenue through its Halfords Media S.r.l. subsidiary, a business established to provide auxiliary services to its main iGaming operations in Italy.

The GDF claims that between 2009 and 2014, Halfords Media “wilfully eroded [its] tax base, decreasing the value of the services rendered to PokerStars, so as to shift the taxation of income produced in Italy to Malta and the Isle of Man.”

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