02 January 2018

Italy enacts Web Tax and new PE definition

The Italian 2018 Budget Law (the Law) has introduced a new "Tax on digital transactions" (Web Tax or Tax), with significant amendments compared to the initial draft law (the Draft). The Law also includes a new definition of permanent establishment (PE), partially in line with the Organisation for Economic Co-operation and Development's Base Erosion and Profit Shifting (BEPS) Action 7.

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

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ATTACHMENT

Full text of Tax Alert 2018-0002

Document ID: 2018-0002