Apple has agreed to put down €318 million ($348 million) after an investigation into €880 million in taxes.

The Italian tax office alleged that the tech giant failed to pay €880 million in taxes between 2008 and 2013, the BBC said in a report from La Repubblica. Prosecutors in Milan found a gap between Apple Italia taxes and the company’s over €1 billion revenue.

Although Apple has not released a statement, the BBC confirmed with the tax agency that the settlement occurred.

Apple CEO Tim Cook addressed issues with Apple potentially dodging United States taxes by moving finances overseas in an earlier interview on “60 Minutes,” saying that “we pay every tax dollar we owe.” The company’s European operation headquarters is also under investigation in the Republic of Ireland, which is looking into whether Apple’s tax breaks for investing in Ireland count as illegal governmental aid.

Ireland’s taxes for corporate earnings from normal business activities are 12.5 percent, while Italy taxes 27.5 percent.

In a distinct but similar case, the European Commission is investigating several multinational corporations suspected of manipulating international laws in order to reduce the amount they pay in taxes. Some have taken to “parking” revenues and profits in countries with lower taxes in order to avoid the corporate cut.