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Is Italy Dipping Google in Hot Water?
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Subscribe16 JUL 2024 / ACCOUNTING & TAXES
Italy's Revenue Agency is demanding €1bn ($1.07bn) from Google for unpaid taxes and penalties going back to 2018. This marks a second round of legal confrontation following a 2017 case, this time focusing on Google's digital infrastructure in Italy, raising questions on how countries handle the taxation of digital revenues.
Guess what? Italy has just dropped a billion-euro bombshell on Google, demanding a whopping 1 billion euros ($1.07 billion) in unpaid taxes and penalties. That’s right, folks, Italy's Revenue Agency is going after the tech titan for allegedly skirting tax...
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