Sunday April 20th, 2025 11:40AM

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

By The Associated Press

MILAN (AP) — 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. The investigation focused on revenues from the sale of advertising, and cited the presence of servers and other infrastructure in Italy.

Google did not immediately respond to a request for comment.

Tech giant Google previously paid over $1 billion to French authorities to settle a years-long dispute over allegations of tax fraud.

  • Associated Categories: Associated Press (AP), AP Business, AP Technology News
© Copyright 2025 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.