Feeds

Italian tax cops grease up probe: 'Google owes us €240m'

Vado a bordo, cazzo ... you owe us

Choosing a cloud hosting partner with confidence

Italian authorities have launched a new tax probe of Google in the country after an earlier investigation found the firm failed to declare income and still owed tax.

In a response from Italy's Finance Ministry to a question posed by MP Stefano Graziano in the country's parliament, the authorities said that the tax police in Milan had investigated Google Italy from 2007 and found that the firm was transferring its profits to Google Ireland so that it could pay less tax (translated by Google Translate).

The investigation of 2002 to 2006 found that Google hadn't declared at least €240m in profit and owed over €96m in taxes.

The tax authorities said that they had launched another probe on Monday to make sure that Google was living up to its tax obligations in the country.

Both Britain and France have also been looking into Google's tax arrangements with respect to its firm in Ireland, where tax rates are lower, and another company in Bermuda, a tax haven. Authorities in India and Australia are poking around in the company's taxes as well.

Google has maintained that it follows all tax laws, although it admitted that it was headquartered in Ireland because of the favourable tax rate.

When Google reiterated that it was acting perfectly legally during questioning from MPs in the UK, Labour MP Margaret Hodge said they weren't accusing the firm illegal behaviour, they were accusing Google of immoral behaviour. ®

Internet Security Threat Report 2014

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
10 Top Tips For PRs Considering Whether To Phone The Register
You'll Read These And LOL Even Though They're Serious
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.