The Italian draft fiscal decree 2020 includes the web tax

16 october 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

 

News archive

 

Firm news

nov11

11/11/2019

WORLD IT LAWYERS

    L’Avv. Prof. Alessandro Bonavita dello studio Cugia Cuomo & Associati ha partecipato all’incontro semestrale dell’associazione  World IT Lawyers

nov8

08/11/2019

Ranking transparency guidelines: Deadline for submissions to the survey is 12 December 2019

From 12 July 2020, the Regulation (EU) 2019/1150 of the European Parliament and of the Council of 20 June 2019 on promoting fairness and transparency for business users of online intermediation services

nov5

05/11/2019

Data retention under scrutiny: EDPS makes case at EU Court of Justice

On 9 - 10 September 2019, the EDPS was invited to appear before the EU Court of Justice (CJEU) in a joint hearing in a number of cases primarily relating to the retention of telecommunications data and