Italy planned on introducing a web tax on companies that advertise products in Italy. Luckily, the tax has been scrapped for now as it may not conform with European Law.
The aim was to force anyone who wishes to advertise products in Italy, only be allowed to do so, through companies that have a registered tax presence in Italy.
This was aimed at large companies such as Google, Yahoo and Facebook.
They say the tax has been shelved until there is an agreement at European Level.
Full story here.
Thoughts?
The aim was to force anyone who wishes to advertise products in Italy, only be allowed to do so, through companies that have a registered tax presence in Italy.
This was aimed at large companies such as Google, Yahoo and Facebook.
They say the tax has been shelved until there is an agreement at European Level.
Full story here.
Thoughts?