Italy applies a 3 per cent levy on Internet transaction revenues for digital companies with a turnover of at least €750 million ($853.35 million), which is worth less than €500 million in revenue to the state each year.
“We agreed that a non-discriminatory environment in terms of taxation of digital services is necessary to allow investment by cutting-edge technology companies,” Rome and Washington … Reuters
But Europe’s weak point is the Irish tax haven, which, as of September 2024, has a tax revenue surplus of €8.6 billion from multinationals and Meloni should, in my opinion, have concerted on this sensitive subject with her European partners (also because big tech regulations also have other implications concerning, possible e-commerce dumping by Chinese companies, privacy, etc.).
Updated 22 April 2025
