Italy May Be Ready to Trigger Digital Tax for 2020, Tria Says

Italy may be almost done waiting for a Europe-wide agreement to implement a digital services tax on tech giants like Apple Inc. and Facebook Inc., finance chief Giovanni Tria said.

Parliament adopted a 3% tax as part of Italy’s 2019 budget, but the Ministry of Economic Development and Tria’s Ministry of Economy and Finance haven’t issued implementing legislation.

• “We were waiting for decisions at the European level, to have agreed-upon measures, then that was postponed,” Tria told a Senate budget committee July 16. “We will see what the decision will be and how the OECD’s proposals will be accommodated. In ...