ROME, Dec 17 (Reuters) - Italy is ready to talk to the
incoming U.S. administration of Donald Trump to avoid potential
retaliation against Rome's domestic web tax, Deputy Economy
Minister Maurizio Leo said on Tuesday.
Washington has recently renewed calls for Italy to repeal
the levy, which it considers unfairly discriminatory as it
mainly targets U.S. tech companies such as Meta Platforms ( META )
, Google and Amazon ( AMZN ).
"With the Trump administration we will have to have a
dialogue" over the tax, Leo said on the sidelines of
parliamentary work.
In 2019, Rome introduced a 3% levy on revenue from internet
transactions for digital companies with annual sales of at least
750 million euros ($786 million) if at least 5.5 million euros
are generated in Italy.
As part of the 2025 budget bill, the Treasury tried to
remove these floors for the tax to be applied, in a move critics
said would have been a blow to smaller companies.
However, following skirmishes with the co-ruling Forza
Italia party, the government is set to reinstate the 750 million
euro revenue floor.
Economy Minister Giancarlo Giorgetti had said that
broadening the scope of Italy's web tax to smaller firms could
have helped the government avoid clashes with the United States.
($1 = 0.9538 euros)
(Reporting by Giuseppe Fonte; Editing by Emelia
Sithole-Matarise)