Google under investigation in Italy for tax practices

Google is currently under investigation in Italy for its tax practices. The tech giant has assured that it follows tax laws in all the countries it operates in, including Italy. The investigation, initiated in December 2022, focuses on the period from 2018 to 2022, as per sources familiar with the situation.

This inquiry arises from concerns about whether Google has complied with tax regulations during the specified timeframe. Authorities are looking into the company's financial records to ensure that it has paid the appropriate taxes as required by law.

Google's response to the allegations emphasizes its commitment to upholding tax laws and cooperating with the investigation to address any discrepancies that may have arisen.

As the investigation unfolds, it highlights the importance of companies adhering to tax regulations to maintain transparency and accountability. It serves as a reminder of the significance of tax compliance for businesses operating globally, ensuring fair contributions to the countries in which they conduct business.