Breaking: Trump administration throws out protections from deportation for roughly half a million Haitians

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

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
FILE - A woman walks by a giant screen with a logo at an event at the Paris Google Lab on the sidelines of the AI Action Summit in Paris, Sunday, Feb. 9, 2025. (AP Photo/Thibault Camus, file)

Credit: AP

Credit: AP

FILE - A woman walks by a giant screen with a logo at an event at the Paris Google Lab on the sidelines of the AI Action Summit in Paris, Sunday, Feb. 9, 2025. (AP Photo/Thibault Camus, file)
Nation & World
Updated Feb 19, 2025
X

MILAN (AP) — 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.

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 acknowledged the settlement in statement, saying it resolves “a tax audit ... without litigation.”

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

In Other News
1
UK foreign secretary questions Russia's 'appetite' for peace and...
2
Middle East latest: Israel says child hostages identified but other...
3
Teenager arrested in stabbing deaths of 2 women in Czech Republic
4
Israel identifies remains of child hostages but says another body from...
5
Stock market today: Asia shares trade mixed as China benchmarks surge...