The Italian draft fiscal decree 2020 includes the web tax
16 ottobre 2019
Italy is ready to launch the web tax for 2020 targeting in particular the web giants, such as Amazon, Facebook, Google, Netflix etc.
The Italian draft fiscal decree will state a web tax that sets an aliquot of 3% on revenues generated by entities which provide digital services and that have a total amount of annual revenues worth at least €750 million and an amount of revenues deriving from the provision of digital services exceeding 5.5 million.
The thresholds will be calculated with respect to the revenues earned the previous year.
The tax should be paid by 16 March 2020.
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