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Google To Pay $340m To Settle Tax Probe In Italy

  • Google has agreed to pay $340 million to settle a tax claim brought against its European division in Italy.
  • The agreement covers the period between 2015 and 2019 and includes sanctions, penalties, and interest.
  • Google previously settled a tax dispute in Italy in 2017 by paying 306 million euros.
  • The settlement is part of the ongoing efforts by European governments to push for fair taxation by American tech companies.

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