- Italy’s Proposed Changes: Italy plans to expand its digital services tax by removing global and domestic revenue thresholds, potentially broadening the tax’s scope to include more companies.
- France’s DST Amendments: French lawmakers have proposed increasing the DST rate from 3% to up to 6% to generate additional revenue, although the government’s budget proposal does not include a DST hike.
- Impact and Concerns: These changes could affect major tech companies and have drawn criticism from the U.S., which claims DSTs unfairly target American firms. The proposals coincide with stalled OECD negotiations on a multilateral tax treaty.
Source GlobalVATcompliance
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