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Google has agreed to pay €306m to Italian authorities as part of a deal to resolve its tax disputes in the eurozone’s third largest economy.
According to a statement by the Agenzia delle Entrate, Italy’s tax agency, Google agreed to make the payment following an investigation by the tax police and prosecutors in Milan into its tax payments between 2009 and 2013.
The bulk of the settlement was related to that case, but it also included small amounts relating to 2014 and 2015, as well as an older dispute dating back to the years between 2002 and 2006.
The tax agency said that talks would begin on signing “preventive agreements for the correct taxation in Italy of activities in our country”. It added: “[We] confirm our commitment to pursue careful fiscal checks on the Italian operations of web multinationals”.
In late 2015, Apple agreed to pay about €300m for its own settlement of its Italian tax issues.