Alphabet's Google Reportedly Agrees to Pay $339.8 Million to Settle Tax Case in Italy

MT Newswires Live
19 Feb

Alphabet's (GOOG, GOOGL) Google has agreed to pay 326 million euros ($339.8 million) to settle a tax evasion case in Italy, news outlets reported Wednesday, citing a statement from Milan prosecutors.

According to the reports, the settlement deal covers Google's unpaid taxes for the period 2015 to 2019, along with penalties and interest.

Google did not immediately respond to MT Newswires' request for comment.

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