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Is the web tax arriving?

  • 29/05/2017

The so-called web tax is a tax to be charged to web service multinationals (Google, Apple, Amazon, Facebook), which operate in Italy and nonetheless pay taxes in Countries where the fiscal regime is more favorable.

  

On May 22, the Italian House Budget Committee approved a mechanism for fostering the cooperation between the Tax Authority and those web-companies which boast consolidated revenues of more than one billion euros and deliver goods or services in Italy for more than fifty million euros.

 

Therefore, such companies, together with the Tax Authority, verify if the requirement of their permanent establishment in Italy is met. If so, those companies may offer to pay their expired tax debts and benefit from a penalty discount. For the future, they may then join the so-called “collaborative performance system”.

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