Google to Pay $340 Million to Italy to Settle Case Over Unpaid Taxes

Google’s settlement is the latest in a series of tax disputes between Italy and major international companies.

The logo of Google LLC on a building in San Diego, Calif., on Oct. 9, 2024. Reuters/Mike Blake

Milan prosecutors have announced plans to drop a tax case against Google’s European division after the tech giant agreed to pay 326 million euros ($340 million) to settle allegations of unpaid taxes in Italy.

The agreement covers Google’s tax obligations from 2015 to 2019, including penalties, sanctions, and interest.