The artist behind the famous bronze statue of a charging bull near Wall Street seen as symbolising an aggressive financial optimism has settled a tax evasion claim against him in Italy.

Italian-American sculptor Arturo Di Modica will have to pay 900,000 euros ($1.2 million) to the tax agency, which accused him of failing to declare five million euros in revenue and not paying 600,000 euros in value-added tax.

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Source: http://news.yahoo.com