The Italian government’s proposal to remove revenue thresholds from its digital services tax regime should address US objections that the law discriminated against US businesses, according to the country’s finance minister.
The Italian government proposed amending its so-called web tax on Oct. 15 to remove revenue thresholds for companies to be levied for certain online activities such as ad sales.
The two thresholds dictated that companies that made €750 million ($809 million) or more in global revenues and at least €5.5 million ($5.9 million) in Italian revenues from those digital services were subject to the tax.
Economy Minister ...
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