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Google will pay Italy $340 million to close tax evasion case.
Italian prosecutors plan to drop an investigation opened against Google for allegedly failing to pay taxes on earnings in Italy between 2015 and 2019 after the tech giant agreed to pay a €326 million (about $340 million) settlement. That’s a sizable sum even for Google, but nothing compared to the $1 billion fine it agreed to pay France in 2019 following similar tax disputes.
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