Thursday, January 28, 2016

Google and the Italian tax authorities: towards a demand of 150 million euro – BBC



Milan , January 28, 2016 – 07:28

Is around 150 million euro of the amount of the tax audit of the Financial Police of Milan is closing against Google, the Internet giant accused in an investigation by the Milan prosecutor’s office of tax fraud because it would have a “permanent establishment” in Italy that would be hidden from tax authorities. The yellow flames are to define the minutes that closes the matter and will be sent to the ‘Inland Revenue will decide what will be the final amount that the house Mountain view must pay the tax.

Through its lawyers, Google said it was willing to pay 114 million to compensate for the tax years between 2008 and 2012, but only to “avoid potential , long and exhausting confrontation with the tax authorities “and will not require” no acceptance “of” an alleged inaccuracy and inconsistency “in their work. The prosecutor Isidoro Palma, which is part of the department headed by deputy prosecutor Francesco Greek, in the coming days could close the criminal investigation with the filing of charges accusing Google have failed to submit a tax return relative to the revenues earned in Italy.

January 28, 2016 (modified January 28, 2016 | 07:28)

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