Italy Approves Digital Tax Following France’s Implementation

A cellphone and a computer screen display the logo of the social networking site Facebook in a file photograph. Norberto Duarte/AFP via Getty Images

Italy passed a digital tax this week that’s similar to the one France implemented earlier this year.

The digital tax will impose a three percent levy on some digital revenue for companies that make over €750 million ($831 million) in global revenue, including least €5.5 million ($6 million) in Italy, the Wall Street Journal reported.