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The Revenue Agency puts Google in its sights: alleged 1 billion tax evasion

After the agreement signed in 2016, the Italian tax authorities once again put the spotlight on Google, challenging the Mountain View giant for alleged tax evasion worth one billion

The Revenue Agency puts Google in its sights: alleged 1 billion tax evasion

The Revenue Agency puts it in the sights again Google. And this time the bill could be billions. She reveals it The Sun 24 hours, according to which the Italian tax authorities are challenging the Mountain View giant alleged tax evasion amounting to approximately 1 billion of Euro. The Milan Prosecutor's Office is also investigating the matter.

The fine to Google seven years ago

It was 2017 and, after a year of negotiations and a long back and forth, Google agreed to pay the Italian tax authorities 306 million euros, signing an assessment report with acceptance to resolve a tax dispute arising from unpaid taxes on a turnover of approximately one billion euros between 2009 and 2013. 

 "Google and the Revenue Agency have reached an agreement to resolve the investigations relating to the period between 2002 and 2015 without controversy,” explained the then spokesperson of the US company, specifying that. “In addition to the taxes already paid in Italy for those years, Google will pay another 306 million euros. Of these, over 303 million are attributed to Google Italy and less than 3 million to Google Ireland”

Google was notified of an assessment for 300 million in January 2016 and the dispute ended up before the Court of Milan with the group being registered among those under investigation for "failure to declare taxes".

Google, the Revenue Agency returns to office

Seven years later, here we go again. But this time the figure could reach one billion euros. Second the Sun 24 Hours, the Revenue Agency would dispute the existence of Google a stable immaterial organisation, similar to the one that led Netflix to pay Italy around 2022 million euros in 55,8. In fact, two years ago, the streaming giant reached an agreement with the Italian tax authorities that represents a precedent at an international level, because it was the first case in the world in which the existence of a hidden stable organization was contested by a company that does not had no employees on Italian territory.

This time, the royalties paid by the Irish company of the group, which has a permanent establishment in Italy, are also in the sights of the financiers and the Guardia di Finanza.

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