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

  • Google has agreed to pay Italy $340 million to settle a tax evasion investigation regarding unpaid taxes from 2015-2019 on advertising revenue.
  • The investigation by Milan prosecutors concerned taxes owed by Google on its earnings in Italy during the specified period.
  • Italian prosecutors announced plans to drop the investigation following Google's settlement agreement.
  • Google stated that this settlement resolves 'a tax audit... Without litigation.
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Breitbart broke the news in United States on Wednesday, February 19, 2025.
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