Google to Pay €326 Million to Resolve Italian Tax Dispute

Reported 2 days ago

Google has agreed to pay €326 million ($340 million) to settle a tax claim in Italy, prompting prosecutors in Milan to drop their case against the company. This settlement covers unpaid taxes, penalties, and interest for the years 2015 to 2019. The case emerged after Italian authorities alleged that Google had not paid taxes on its revenue earned within the country.

Source: YAHOO

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