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Italy delays ‘Google tax’ until July, OKs cash for trade, welfare

Italy delayed the start of its deliberate internet tax except July 2014, authorized billions of Euros in trade and welfare measures and prolonged a ban on media go-ownership in a last package deal of year-finish rules licensed on Friday.

The launch of a web tax, every so often dubbed the “Google tax”, passed this week by means of parliament, will likely be postponed unless July, 1, 2014, high Minister Enrich Letter’s place of work stated in a remark. The lengthen must be certain it can be more carefully coordinated with different European international locations. The tax, designed to make sure that companies that publicize and promote on-line in Italy accomplish that simplest via companies with a tax presence within the u. s. a ., has been criticized by way of the eu fee, which expressed doubts on its legality ahead of it was once licensed in parliament.

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“Google tax” delayed

The extend was once contained within the so-known as “Milleproroghe” (“thousand extensions”), a catch-all decree utilized by Italian governments to percent in miscellaneous pieces of rules that should be authorized prior to the beginning of the new yr. The package announced after Friday’s cabinet assembly integrated measures to allow Italy to make use of 6.2 billion Euros in European Union cash, which have already been authorized, to help small companies, fight formative years unemployment and lend a hand native economies by using funding the upkeep of historical sites.

It also extended provisions, which would have otherwise expired, forbidding newspaper publishers from operating national broadcasters. This is an extremely delicate political difficulty given centre-proper chief Silvia Berlusconi’s extensive TV pursuits. The package additionally contained measures to shore up the budget of the town of Rome and allow the cancellation of numerous pricey apartment contracts on structures utilized by parliament and the general public carrier, a subject on which the government has been attacked through the opposition 5-superstar motion.

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