Italian prosecutors on Wednesday said they are seeking to have a tax evasion investigation against Google dropped after the tech giant agreed to pay a 326 million euro ($340 million) settlement. Milan prosecutors had opened an investigation against Google for failure to pay taxes on earnings in Italy from 2015-2019.
Italian prosecutors on Wednesday said they are seeking to have a tax evasion investigation against Google dropped after the tech giant agreed to pay a 326 million euro ($340 million) settlement. Milan prosecutors had opened an investigation against Google for failure to pay taxes on earnings in Italy from 2015-2019.
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.
MILAN (Reuters) -Milan prosecutors plan to drop a case brought against the European division of Google after the company agreed to pay 326 million euros ($340 million) to settle a tax claim, they said on Wednesday.
Milan's prosecutors said they asked to drop a case against the European unit of Google after the company agreed to pay €326M to settle a tax claim.
Google has agreed to a $340 million (€326 million) settlement to resolve an Italian tax dispute. Consequently, Milan
Milan prosecutors plan to drop a case brough against Google’s European division after the company agreed to pay $340M to settle a tax claim,
Italian prosecutors say they are seeking to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlement
Milan prosecutors plan to drop a case brought against the European division of Google after the company agreed to pay 326 million euros ($340 million) to settle a tax claim, they said on Wednesday.
Italian media reported that Google agreed to pay 326 million euros ($340.5 million) to settle, with Milan prosecutors moving to drop a probe into alleged tax evasion between 2015 and 2019. Milan prosecutors didn't respond to requests for comment.
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.
Italian prosecutors plan to close a tax evasion investigation against Google after it agreed to a 326 million Euro settlement. This resolves allegations of unpaid taxes on advertising revenues from 2015 to 2019.