04 December 2017

Italy considers Web Tax and other measures for digital economy

The Italian budget law for 2018 (the Draft) is currently undergoing parliamentary discussion and is expected to be adopted by December 31. According to the current version of the Draft, a new "Tax on digital transactions," as well as other tax measures related to the digital economy, mostly affecting the concept of permanent establishment (PE), would be introduced.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2017-2045

Document ID: 2017-2045