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Google to pay $340 million to settle Italian tax case
Published by Global Banking & Finance Review®
Posted on February 19, 2025
1 min readLast updated: January 26, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on February 19, 2025
1 min readLast updated: January 26, 2026
Google will pay $340 million to settle a tax dispute with Italy, covering 2015-2019. Milan prosecutors will drop the case following the agreement.
MILAN (Reuters) -Milan prosecutors plan to drop a case brought against the European division of Google after the company agreed to pay 326 million euros ($340 million) to settle a tax claim, they said on Wednesday.
The agreement covers the period between 2015 and 2019 and the covers sanctions, penalties and interest, prosecutors said in a statement.
Last year Reuters reported that Italy asked Google to pay 1 billion euros in unpaid taxes and penalties, seven years after the U.S. company settled a previous landmark tax dispute with Rome authorities.
The Milan prosecutors alleged that Google did not file and pay taxes on revenue generated in Italy, basing its claim on the digital infrastructure Google has in the country.
In 2017 Google paid 306 million euros to settle a previous case that found it had a permanent presence in Italy.
($1 = 0.9575 euros)
(Reporting By Emilio ParodiWriting by Sara RossiEditing by Keith Weir and David Goodman)
Google agreed to pay 326 million euros, which is approximately $340 million, to settle the tax claim.
The settlement covers the period between 2015 and 2019.
Milan prosecutors alleged that Google did not file and pay taxes on revenue generated in Italy, based on the digital infrastructure the company has in the country.
In 2017, Google paid 306 million euros to settle a previous case that determined it had a permanent presence in Italy.
Italy initially asked Google to pay 1 billion euros in unpaid taxes and penalties before the settlement was reached.
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