Italy will carry out a series of controversial tax measures on Jan. 1, including a digital services tax aimed at tech giants.
The tax is part of the 2020 budget law published Dec. 31. Other measures include an increase in tax on holders of public concessions and new taxes aimed at reducing plastic packaging and sugar content in beverages.
Business leaders had opposed the new taxes, but lawmakers deemed them necessary to raise enough budget revenue to meet European deficit requirements without raising Italy’s VAT rate.
The 3% tax on online advertising, online sales platforms, and data processing will apply...