A quick look at what’s been going on in Europe…

Italy’s 2020 budget law, which includes several tax provisions of interest to multinational enterprises investing in Italy now has legal effect.

From 1 January, a digital services tax, similar to the one put forward by the European Commission, is introduced in Italy.

Italy’s new digital services tax imposes a 3% tax on Italian-sourced gross revenues resulting from the supply of advertising services through digital media and from certain digital platforms. To be subject to the tax, a digital platform must allow users to interact and m...