Google settles Italy tax evasion case, will pay 306 million euros

Rome (dpa) – Google has agreed to pay a near-record fine of more than 306 million euros (334 million dollars) to settle a tax controversy in Italy, officials said on Thursday. The settlement with Google’s Italian and Irish subsidiaries covers the 2002-06 and 2009-15 periods and puts an end to investigations conducted by Milan prosecutors, the…