ROME (Reuters) – Italy will implement a deliberate “internet tax” in 2020, obliging massive digital corporations to pay a 3% levy on some Web transactions, Economic system Minister Roberto Gualtieri stated on Tuesday.
FILE PHOTO: Italian Finance Minister Roberto Gualtieri seems on throughout his swearing-in ceremony at Quirinale Presidential Palace in Rome, Italy September 5, 2019. REUTERS/Ciro de Luca/File Picture
Italy and fellow European Union members have lengthy complained about the best way Fb, Google and different internet giants gather large earnings of their international locations however pay taxes of some million euros at most.
Digital corporations shift earnings to low- or no-tax…