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The Independent UK
The Independent UK
National
Via AP news wire

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

Google Italy Euro

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.

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