(Reuters) - Italian authorities are investigating whether Procter & Gamble Co (N:PG) routed revenue through its Swiss and other units to avoid paying taxes in the country, Bloomberg reported.
The investigation is looking into whether P&G used units such as Geneva-based Procter & Gamble International Operations SA for the purpose, Bloomberg reported, citing two people familiar with the probe. (http://bloom.bg/29irgat)
Italy's finance police in April started searching P&G's offices in Rome, the report said, citing the people.
P&G was not immediately available for comment.
A small team of European Union officials is leading an investigation that could force some of the world's biggest companies, including Apple Inc (O:AAPL) and Amazon.com Inc (O:AMZN), to pay billions of euros in avoided taxes.