A report released by Italian finance police on Jan. 28 accused Google of evading $247.5 million in taxes between 2009 and 2013.
The company underreported its earnings to Italian authorities during that time period, the report claims, leading to increased profits for Google and less tax revenue for the country, Reuters reports.
A pending investigation will consider the accusations made by the report, and may result in hefty punitive fines for the company if the claims are found to be true.
Google, however, denies any wrongdoing.
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