Google coughs up 306 million euros in Italy tax settlement

Google’s European headquarters in Dublin. Last year Google handed over $168 million in a settlement with British tax authorities

Alphabet's Google unit (GOOGL) said Thursday that it will pay $334 million, or 306 million euros to settle an issue with Italy's tax authority.

The settlement is considerably higher than the £130 million pay out that the United Kingdom secured in unpaid taxes from Google past year. A Google spokesman said the deal "resolved without disputes investigations relating to the period between 2002 and 2015".

Google worked out a similar deal with Britain previous year, agreeing to pay $185 million in back taxes.

Google said it remained committed to Italy.

Google agrees to pay US$335 million (AU$453 million) back taxes in Europe.

The company has defended the legality of channelling European earnings through its base in Ireland, which has one of the lowest corporate tax rates in the European Union. Tax officials said the settlement announced Thursday also launches a process to determine the tech company's proper taxation level in Italy going forward.

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The biggest outstanding dispute in Europe concerns a record breaking €13 billion ($14.2 billion) tax bill that Ireland has been ordered to serve Apple. In late 2015, Apple Inc. agreed to pay about EUR318 million to end a dispute in which the company allegedly failed to pay nearly EUR900 million in taxes between 2008 and 2013.

Google confirmed it had reached an agreement with the authorities without commenting on whether it accepted the revenue's calculations.

The Commission previous year accused Ireland of helping Apple to artificially lower its tax bill for two decades and ordered the government to claw back a record-breaking €13bn.

According to the French government, Google owes $ 1.8 billion to unpaid taxes.

Last year, Finance minister Michel Sapin said France would not negotiate with Google.

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