Google to pay 306 miilion euros to settle Italian tax dispute

Alphabet Inc’s Google has agreed to pay 306 million euros ($334 million) to settle a tax dispute with Italy, the company and the country’s tax authority said on Thursday.

Last year Italian tax police alleged that Google had not paid tax on about 1 billion euros of Italian revenue between 2009 and 2013.

“In addition to the taxes already paid in Italy during those years, Google will pay another 306 million euros,” a spokeswoman for the U.S. company said in an email.

Both Google and the Italian tax office said the agreement covered the years between 2002 and 2015.