Italy Says Google To Pay EUR306m To Settle Tax Disputes
by Ulrika Lomas, Tax-News.com, Brussels
05 May 2017
Days after it emerged that Italian tax agencies were pursuing online retail giant Amazon for taxes worth EUR130m (USD142m), it was revealed that Google will pay a EUR306m (USD335m) tax settlement.
The payment relates to the tax periods between 2009 and 2015 and to an old dispute concerning tax years between 2002 and 2005.
In a statement welcoming the settlement, the Italian federal tax authority said talks would continue with the search giant with a view to reaching an agreement on the "correct taxation" of its affairs in Italy.
To see today's news, click here.
Tax-News Reviews
A review and forecast of Cyprus's international business, legal and investment climate.
A review and forecast of Malta's international business, legal and investment climate.
A review and forecast of Jersey's international business, legal and investment climate.
A review of the latest budget news and government financial statements from around the world.
Stay Updated
Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.
By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.
To manage your mailing list preferences, please click here »
Network Blogs and Features
- stockpiling paper »
- Hong Kong Business and Work Culture: All you need to know »
- prospects looking rosy »
- The Diamond Industry in UAE »
- Brexit Ramifications For Ireland »
- Easy guide to starting a home-based business in Ohio »
- unintended consequences »
- Basic Guide to Set up a Home Based Business in Hong Kong »
- Life's never simple »
- Licensing options for payment service provider in UAE »