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.
The European Commission will next week propose a package of measures to help EU industries stay competitive while they cut their carbon footprint, a draft of the package showed on Tuesday. European
Rishi Sunak has embraced the challenge of narrowing the gap between the Tories and Labour in the current polls. Speaking to the Times, the prime minister emphasised his commitment to tax reductions,
The UAE has made significant strides in enhancing its Anti-Money Laundering, Countering the Financing of Terrorism, and Proliferation Financing (AML/CFT/CPF) frameworks. According to WorkFusion, this
Polling comes as 260 millionaires and billionaires sign new letter, directed at political leaders attending the World Economic Forum in Davos, saying they would be “Proud To Pay More” in taxes.