(Photo: Reuters/Peter Power)
Italy believes Google (GOOGL.O) evaded 227 million euros ($247.5 million) in taxes between 2009 and 2013 and could hit the U.S. Internet giant with hefty punitive fines, investigative sources said on Thursday.
The report by Italian finance police was due to be handed to Google 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.”
The original article can be found at reuters.com