The Traderszone Network

Published in TZ Latest News 30 December, 2015 by The TZ Newswire Staff

Italy tax office reaches deal with Apple

Italy’s tax office said on Wednesday it had reached a deal with U.S. tech giant Apple in a dispute over taxes but declined to comment on details of the settlement. La Repubblica newspaper reported on Wednesday that Apple had agreed to pay 318 million euros ($347.76 million), in line with the figure the paper said the Italian agency had asked for. “Apple has agreed to our request,” an agency spokesman said.