Reported about 23 hours ago
Italy and the United States have jointly opposed discriminatory digital service taxes, signaling a possible shift away from Italy's current 3% levy on major tech companies. The announcement follows Italian Prime Minister Meloni's meetings with U.S. officials, highlighting the tension over taxation policies aimed at U.S. tech giants. Although the tax generates minimal revenue, it remains a contentious issue domestically. The statement also emphasized the importance of a non-discriminatory tax environment to attract tech investments.
Source: YAHOO