Italian prosecutors said Wednesday they will seek to drop a tax evasion investigation against Google after the tech giant agreed to pay a 326 million euro ($340 million) settlement. Milan prosecutors had opened an investigation against Google for failure to pay taxes on earnings in Italy from 2015-2019.

While the value-added tax claim is a trifling sum for X, the case is significant as it hinges on the way social networks provide access to their services.

Google has reportedly avoided litigation by agreeing to pay Italy $340 million after the country launched an probe into its tax activity

Italian prosecutors plan to drop an investigation opened against Google for allegedly failing to pay taxes on earnings in Italy between 2015 and 2019 after the tech giant agreed to pay a €326 million (about $340 million) settlement.

Google has agreed to pay $340 million in a settlement with Italian authorities for allegedly failing to file and pay its taxes.

Milan prosecutors had opened an investigation against Google for failure to pay taxes on earnings in Italy from 2015-2019. The investigation focused on revenues from the sale of advertising ...