Netflix to Settle Tax Dispute With Italy for $59.1 Million, Opens First Office in Rome Hiring Over 40 Employees
US streaming service Netflix has agreed to settle a tax dispute with Italy, the company and legal sources said on Friday.Milan prosecutors issued a statement saying they had settled with a multinational video on-demand streaming company for a period covering Oct. 2015 to 2019 and asked it to pay EUR 55.8 million (roughly Rs. 460 crore).They gave the settlement figure without specifically naming the company involved but three sources with knowledge of the matter confirmed it was Netflix.A Netflix spokesperson said the…