Italy Follows France On Digital Service Tax

Italy and France have introduced digital service taxes targeting tech companies. Italy's 3% tax applies to digital revenues over $831 million, effective January 1st. France's similar tax targets firms with over $850 million in revenue, retroactively taxing based on digital activity rather than headquarters location. These moves are part of a broader effort by countries to ensure tech companies pay taxes where they have users.

What percentage tax was approved by the Italian parliament on tech companies' digital revenues?

When does the new digital service tax in Italy go into effect?

What is the threshold for tech firms to be taxed under the French digital service tax?

What is the main focus of the digital service tax according to the text?

How do the digital tax revenue moves by France and Italy relate to US tech companies?