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Venerdì 19 Gennaio 2018 | 22:34

Milan

Apple agrees to pay 318 mn to Italian tax authority

Three managers still being probed for alleged tax evasion

Apple agrees to pay 318 mn to Italian tax authority

Milan, December 30 - Apple Italy has reached an agreement to pay Italian tax authorities 318 million euros, as the result of proceedings regarding possible tax evasion totaling 879 million euros from 2008 to 2013, Italian daily La Repubblica said on Wednesday. The Milan prosecutor's office is still investigating three Apple Italy top managers for alleged non-declaration. Prosecutor's office sources called the agreement "an important result" and said it's the first time the Cupertino, California-based tech giant has agreed to resolve a lawsuit of this kind by paying out a major compensation sum to local tax authorities.

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