Google Resolves $340 Million Tax Dispute with Italian Authorities

The settlement addresses alleged unpaid taxes on advertising revenue from 2015 to 2019, leading prosecutors to seek dismissal of criminal proceedings.

• Google has agreed to pay €326 million ($340 million) to settle a tax evasion investigation in Italy.
• The probe focused on unpaid taxes related to advertising revenues and Google's digital infrastructure in the country from 2015 to 2019.
• Italian prosecutors have requested the dismissal of criminal proceedings against Google following the settlement.
• The agreement includes payments for taxes, fines, and interest, resolving the matter without litigation.
• This marks the second major tax settlement between Google and Italy, following a €306 million settlement in 2017.

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