italy claims over €200m in unpaid tax from google
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today
Almaghrib Today, almaghrib today
Last Updated : GMT 09:03:51
Almaghrib Today, almaghrib today

Italy claims over €200m in unpaid tax from Google

Almaghrib Today, almaghrib today

Almaghrib Today, almaghrib today Italy claims over €200m in unpaid tax from Google

Italy wants Google to pay more than 200 mn euros in back taxes
Rome - AFP

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.

"Google complies with the tax laws in every country where we operate. We continue to work with the relevant authorities," a spokesperson for the company in Milan said.

The claim comes against a backdrop of mounting controversy over the tax arrangements of multinational groups who use cross-border corporate structures to reduce their tax bills, sometimes with the help of potentially illegal 'sweetheart' deals.

Google Italia is part of the company's European operation which is headquartered in Ireland, a country with one of the lowest levels of corporation tax in the European Union.

Italy's move follows the striking of a controversial deal in Britain last week which saw the Internet mammoth agree to fork out over 172 million euros in back taxes -- an amount scoffed at by the opposition as an effective tax rate of three percent.

It also comes a day after over 30 OECD countries signed an agreement to share information about multinationals in a push to boost transparency following public anger over large corporations playing the system to lower their tax bills.

In December, Apple agreed to pay Italy 318 million euros to settle a tax dispute after the US tech giant was investigated for suspected fraud.

 

almaghribtoday
almaghribtoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy claims over €200m in unpaid tax from google italy claims over €200m in unpaid tax from google

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy claims over €200m in unpaid tax from google italy claims over €200m in unpaid tax from google

 



Almaghrib Today, almaghrib today Skincare PR Performance Full Year 2017

GMT 09:22 2018 Monday ,22 January

Skincare PR Performance Full Year 2017
Almaghrib Today, almaghrib today New hunt for flight MH370 gets under way

GMT 11:03 2018 Wednesday ,24 January

New hunt for flight MH370 gets under way
Almaghrib Today, almaghrib today Modern colorful bedroom renovation

GMT 10:57 2017 Thursday ,21 December

Modern colorful bedroom renovation
Almaghrib Today, almaghrib today Puigdemont candidate for Catalan president

GMT 13:56 2018 Tuesday ,23 January

Puigdemont candidate for Catalan president
Almaghrib Today, almaghrib today Turkey detains dozens more

GMT 10:47 2018 Wednesday ,24 January

Turkey detains dozens more

GMT 21:00 2011 Thursday ,29 September

Al Jaber to agree debt deal by year-end

GMT 05:50 2012 Saturday ,05 May

French patisserie with delightful structure

GMT 01:56 2012 Friday ,06 April

Sheraton Hotels to boost spa offering

GMT 08:51 2012 Thursday ,26 April

Arab women still unrecognised

GMT 07:08 2011 Thursday ,22 September

Hotel Shilla sets up first free shop in Macau

GMT 08:52 2018 Friday ,12 January

Film legend Delon says he's ready to die

GMT 14:48 2017 Sunday ,31 December

UAE cancels Tunisia handball games amid row

GMT 18:49 2017 Tuesday ,31 October

Celtics snap NBA losing streak to injury-hit Spurs

GMT 12:54 2011 Monday ,26 December

Anti-bullying program launched by Tulsa schools

GMT 15:07 2012 Wednesday ,07 November

Oriflame to launch Sparkle in Paris collection

GMT 07:31 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat

GMT 18:23 2017 Wednesday ,19 July

Chile moves to ease strict abortion laws
Almaghrib Today, almaghrib today
 
 Almaghrib Today Facebook,almaghrib today facebook  Almaghrib Today Twitter,almaghrib today twitter Almaghrib Today Rss,almaghrib today rss  Almaghrib Today Youtube,almaghrib today youtube  Almaghrib Today Youtube,almaghrib today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

.almaghribtoday .almaghribtoday .almaghribtoday .almaghribtoday
almaghribtoday almaghribtoday almaghribtoday
almaghribtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
almaghribtoday, Almaghribtoday, Almaghribtoday