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Google Italy has paid 12 mn euros in taxes in 13 years

Italian magazine says it's a tiny figure compared to revenue

Redazione Ansa

(ANSA) - Milan, September 1 - Italian financial magazine Altreconomia on Tuesday said Google Italy has paid just 12 million euros in taxes over 13 years of doing business in the country, a tiny figure when compared to the company's "real" revenue, estimated conservatively by communications authority AGCOM at 490 million euros in the last fiscal year.
    According to the magazine, Google's Italian branch paid 12.08 million euros in taxes between 2002 and 2014 and made even lower profits (10.6 million) in the same period.
   

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