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Italy looking at Google proposal to close tax dispute: source

Reuters

MILAN (Reuters) - Italy's tax authorities are looking at a proposal from Google to pay between 270 million and 280 million euros ($296 million) to wrap up a tax dispute, a source close to the matter said on Tuesday.

Early last year Italian tax police presented a claim against Google for the non-payment of taxes between 2009 and 2013 to the tune of 227 million euros.

One of the sticking points to reaching a final settlement with the U.S. giant is a commitment from Google to pay taxes in Italy in the future, the source said.

"Google is continuing to work with the competent authorities," a Google spokeswoman said.

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(This version of the story corrects second paragraph to read "early last year" instead of "earlier this year")

(Reporting by Emilio Parodi, writing by Stephen Jewkes)