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Google settles Italian tax dispute, paying $340 million for unpaid taxes from 2015 to 2019.
Google has settled a tax dispute with Italian authorities by agreeing to pay 326 million euros ($340 million) to resolve allegations of unpaid taxes on advertising revenue from 2015 to 2019.
The settlement covers taxes, fines, and interest, and Italian prosecutors plan to drop the criminal case.
This follows a similar settlement with French authorities in which Google paid over $1 billion to resolve tax disputes.
The case highlights ongoing efforts in Europe to ensure tech giants pay taxes in countries where they generate significant revenue.
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Google resuelve la disputa fiscal italiana, pagando $340 millones por impuestos impagados de 2015 a 2019.