Italy to focus impact of web tax on big tech, shielding small firms

Posted under: Tech Move
Date: 2024-12-12
Italy to focus impact of web tax on big tech | Justo Global

Italy will focus its domestic web tax on big tech companies while shunning SMEs and publishing groups, policymakers said on Wednesday. In 2019, Rome introduced a 3% levy on revenue from internet transactions for digital companies with annual sales of at least 750 million euros ($788.40 million) if at least 5.5 million are made in Italy.

Read more at: theprint.in