By Frank Prenesti
Date: Wednesday 19 Feb 2025
LONDON (ShareCast) - (Sharecast News) - Google has agreed to pay €326m to settle a tax dispute with Italian authorities, the Ansa news agency reported on Wednesday, citing Milan Chief Prosecutor Marcello Viola.
As a result, Milan's State Attorney's Office, which was probing Google's European unit on tax evasion charges, has asked to shelve the case, Viola said in a note.
Prosecutors alleged that Google did not file and pay taxes on revenue generated in Italy. The company in 2017 paid €306m to settle a separate case that found it had a permanent presence in the country.
Reporting by Frank Prenesti for Sharecast.com
Email this article to a friend
or share it with one of these popular networks:
Currency | US Dollars |
Share Price | $ 165.32 |
Change Today | $ -2.55 |
% Change | -1.52 % |
52 Week High | $204.68 |
52 Week Low | $149.24 |
Volume | 120,789 |
Shares Issued | 12,460m |
Market Cap | $2,059,887m |
RiskGrade | 149 |
Time | Volume / Share Price |
16:00 | 1,443,132 @ $165.32 |
15:59 | 100 @ $165.33 |
15:59 | 100 @ $165.34 |
15:59 | 100 @ $165.33 |
15:59 | 100 @ $165.34 |
You are here: research