ITALY: Google agrees to pay Italy USD 340 million to settle tax evasion investigation

Italian prosecutors on Wednesday said they are seeking to have a tax evasion investigation against Google dropped after the tech giant agreed to pay a 326 million Euro (USD 340 million) settlement.

Milan prosecutors had opened an investigation against Google for failure to pay taxes on earnings in Italy from 2015-2019. The investigation focused on revenues from the sale of advertising, and cited the presence of servers and other infrastructure in Italy.

Google did not immediately respond to a request for comment.

11 April 2025

US: Trump Treasury Pulls Back on Small Business Ownership Reporting

Farmers, ranchers, and other small businesses can breathe a sigh of relief: they no longer have to file ‘beneficial ownership information’ with the Treasury Department’s Financial Crimes Enforcement

Read More
5 September 2025

GUERNSEY FINANCE: Guernsey Boosts UK Capital Inflow

The Channel Islands jurisdiction’s report about the value such an IFC brings to the UK comes at a time when such locations continue to promote their “value-added” status in the global

Read More
21 January 2025

CAREY OLSEN: Two Carey Olsen lawyers recognised in eprivateclient’s 50 Most Influential

Press Release from Carey Olsen, Tuesday 21 January, 2025. Carey Olsen’s Keith Robinson, global head of the firm’s trusts and private wealth practice, and Jersey-based counsel Sarah Farrow have

Read More
26 June 2025

BRICS: BRICS Countries Develop Shared Position on Climate Finance

In its capacity as the 2025 Presidency of the BRICS alliance and incoming Presidency of the UN Climate Change Conference (UNFCCC COP 30) in November, Brazil announced the BRICS’ approval of the bloc’s

Read More