Maneuver, Fieg “Amazement and bitterness at the denouement of the Italian web-tax”

ROME (ITALPRESS) – “Fieg publishers express amazement and bitterness at the provision in the Budget bill that extends the digital services tax to all companies that make revenue from digital services by removing the current thresholds that exclude from the tax companies with less than 750 million in global turnover and with revenue from digital services in Italy of less than 5.5 million.” This is according to a Fieg note. “The web-tax was conceived for large web operators, also to eliminate the unequal treatment and competitive disadvantage of domestic companies against global players operating on the web. With the extension of the taxpayer base, the epilogue of the web-tax is paradoxical: it hits all Italian digital businesses, subjecting them to double taxation and thus accentuating the unequal treatment and competitive disadvantage against global web giants.” “Fieg publishers hope for a corrective intervention by Parliament that avoids the hoax of a new taxation on Italian companies in the sector, the same companies that were intended to protect and safeguard,” they conclude.

– Photo: Fieg press office –

(ITALPRESS).