Italy and France proposed changes to their digital services taxes in their budget processes, potentially increasing the burden on digital companies amid a stalled project at the OECD that would eliminate the use of the levy.
During a press conference Wednesday, Italian Deputy Finance Minister Maurizio Leo said the government proposed in its 2025 budget removing two thresholds from its DST.
Italy’s “web tax” was introduced in 2019, and levies companies with revenues of 750 million euros ($815 million) or more for certain online activities such as ad sales. Of the 750 million euros in global revenue, 5.5 ...
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