CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Americas

Italy claims over 200 million euros in unpaid tax from Google: Judicial source

Published: 28 Jan 2016 - 12:42 pm | Last Updated: 06 Nov 2021 - 04:55 pm
Peninsula

Rome: Italy is demanding Google pay over 200 million euros ($218 million) in back taxes following an inquiry into its tax arrangements by the financial police, a judicial source said Thursday.

The technology giant is accused of failing to declare 100 million euros in income and pay 200 million euros in royalty taxes, the source said. Corporate income tax in Italy currently stands at 27.50 percent, putting the total amount due at 227.5 million euros.

AFP