Friday, January 29, 2016

Italy claims Google dodged $248 million in taxes...

The Italian finance police believe Google evaded 227 million euros ($247.5 million) in taxes in Italy between 2009 and 2013, investigative sources said on Thursday.

The finance police report was due to be delivered to the Internet giant later in the day and comes amid an increasingly angry debate across Europe over taxation of multinationals who park earnings in low-tax nations.

Asked about the Italian report, a Google spokesperson said: "Google complies with the tax laws in every country where we operate. We are continuing to work with the relevant authorities."

Google's latest figures show it paid 2.2 million euros of tax in Italy in 2014 on revenues of 54.4 million euros generated in the country. Italy's Communications Authority estimates Google's Italian revenues at around 10 times higher. Full story...

Related posts:
  1. 3% tax rate? Google accused of playing UK taxpayers for ‘fools’
  2. Corbyn asks David Cameron if ordinary people can pay the same rate of tax as Google...
  3. Google, Apple and Starbucks would face 'laughable' fines for tax dodging...
  4. Starbucks pays corporation tax of less than €4,200...
  5. Six firms including Google and Facebook made £14BILLION last year but paid...
  6. Coffee chain Caffe Nero hasn't paid a penny in corporation tax despite...
  7. Robbery of the Century: tax evasion...
  8. 'Google is cheating British taxpayers out of millions...

No comments:

Post a Comment