Key Takeaways
- Italian Prime Minister Matteo Renzi has given his support to a proposal to introduce a new Digital Tax from January 1, 2017.
- The idea of the tax is to collect revenue from companies which make profits from Italian customers, much like the UK point of consumption tax, and similar to the EU VAT directive which came into force at the beginning of 2015.
- Economy Undersecretary Enrico Zanetti has subsequently confirmed that the tax will apply to online gambling.
Italian Prime Minister Matteo Renzi has given his support to a proposal to introduce a new Digital Tax from January 1, 2017.
The idea first surfaced two years ago, but at the time Renzi opposed it. Economy Undersecretary Enrico Zanetti has subsequently confirmed that the tax will apply to online gambling.
