Google pays 326 million euros to settle Italy tax dispute: prosecutor
Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
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Italian authorities had accused Google Ireland Limited of failing to declare and pay taxes on income generated in the country between 2015 and 2019, with the probe focusing particularly on revenues obtained through selling advertising space.
Under an agreement reached with Google, «the company proceeded to payment of… 326 million euros in taxes, fines and interest, to resolve the outstanding matter with the Italian tax authorities», Milan prosecutors said in a statement.
As a result, the prosecutors said they have submitted to a judge a request to dismiss criminal proceedings in the case.
The tech firm did not immediately respond to a request for comment.
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