Published 3 days ago • loading... • Updated 24 hours ago

Google agrees to pay Italy $340 million to settle tax evasion investigation

Google agreed to pay 326 million euros to settle tax evasion allegations in Italy, as announced by Milan prosecutors.
The settlement addresses Google's tax obligations from 2015 to 2019, including penalties and interest, due to underreporting revenue generated in Italy.
Italy's tax investigation is part of a broader crackdown on multinationals routing revenue through lower-tax countries, reflecting Europe's push for stricter tax regulations.
The case reflects a broader European push for reforms in corporate taxation, supported by organizations like the OECD and the European Commission.

Insights by Ground AI

Does this summary seem wrong?

44 Articles

All

Left

Center

Right

Silicon Republic

Google to pay €326m to close Italian tax case

The search giant previously had to pay €306m in back taxes to the country for the period between 2002 and 2015. Read more: Google to pay €326m to close Italian tax case

1 day ago

Read Full Article

The Epoch Times

Google to Pay 340 Million to Italy to Settle Case Over Unpaid Taxes

Milan prosecutors have announced plans to drop a tax case against Google’s European division after the tech giant agreed to pay 326 million euros ($340 million) to settle allegations of unpaid taxes in Italy. The agreement covers Google’s tax obligations from 2015 to 2019, including penalties, sanctions, and interest. The case centered on claims that Google failed to properly declare and pay taxes on revenue generated in Italy despite its digita…

2 days ago·New York, United States

Read Full Article

The Star Kuala Lumpur

Google pays 326 mln euros to settle tax dispute in Italy

ROME, Feb. 19 (Xinhua) -- Tech giant Google has paid 326 million euros (339.4 million U.S. dollars) to settle a dispute over unpaid taxes, Italian authorities confirmed on Wednesday. Read full story

2 days ago·Malaysia

Read Full Article

Irish Times

Google to pay €326m to settle Italian tax case

The agreement covers the period between 2015 and 2019

2 days ago·Dublin, Ireland

Read Full Article

New Strait Times

Google pays 326mil euros to settle Italy tax dispute

ROME: Tech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped. © New Straits Times Press (M) Bhd

2 days ago·Malaysia

Read Full Article

Toronto Sun

Google agrees to pay Italy $340 million US to settle tax evasion investigation

MILAN -- Italian prosecutors said Wednesday they will seek to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlement.

2 days ago·Toronto, Canada

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year