Code Context </style>
<?php if(sizeof($quizpole)>0){?>
<h3>Quiz for <?php echo $title; ?></h3>
$viewFile = '/var/www/currentaffairs.studyiq.com/plugins/Studyiq/src/Template/Pages/tagdetails.ctp'
$dataForView = [
'headertags' => [
(int) 0 => object(Cake\ORM\Entity) {},
(int) 1 => object(Cake\ORM\Entity) {},
(int) 2 => object(Cake\ORM\Entity) {},
(int) 3 => object(Cake\ORM\Entity) {},
(int) 4 => object(Cake\ORM\Entity) {},
(int) 5 => object(Cake\ORM\Entity) {},
(int) 6 => object(Cake\ORM\Entity) {},
(int) 7 => object(Cake\ORM\Entity) {},
(int) 8 => object(Cake\ORM\Entity) {},
(int) 9 => object(Cake\ORM\Entity) {},
(int) 10 => object(Cake\ORM\Entity) {},
(int) 11 => object(Cake\ORM\Entity) {},
(int) 12 => object(Cake\ORM\Entity) {},
(int) 13 => object(Cake\ORM\Entity) {}
],
'breadcrumb' => [
(int) 0 => [
'name' => 'Home',
'link' => 'https://currentaffairs.studyiq.com/'
],
(int) 1 => [
'name' => 'Miscellaneous',
'link' => 'https://currentaffairs.studyiq.com/tags/miscellaneous-2'
]
],
'previous' => [
(int) 0 => object(Cake\ORM\Entity) {}
],
'next' => [
(int) 0 => object(Cake\ORM\Entity) {}
],
'currentaffairs' => [
(int) 0 => object(Cake\ORM\Entity) {}
],
'customer_id' => '',
'metadescription' => 'Miscellaneous, Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.',
'metakeyword' => 'Italy approves digital tax',
'title' => 'Miscellaneous, Italy approves digital tax | digital tax',
'tagname' => 'Miscellaneous',
'sbanners' => [
(int) 0 => object(Cake\ORM\Entity) {},
(int) 1 => object(Cake\ORM\Entity) {},
(int) 2 => object(Cake\ORM\Entity) {},
(int) 3 => object(Cake\ORM\Entity) {}
],
'params' => [
(int) 0 => 'miscellaneous-2',
(int) 1 => 'italy-approves-digital-tax'
]
]
$headertags = [
(int) 0 => object(Cake\ORM\Entity) {
'id' => (int) 3,
'name' => 'Art & Culture',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'art-culture',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Current Affairs Arts and Cultures Articles | Current Affairs',
'metakeyword' => 'Current Affairs Arts, Cultures Articles, Cultures Current Affairs Articles, Cultures Current Affairs, Current Affairs, Current Affair GK, General Knowledage',
'metadescription' => 'Current Affairs Arts and Cultures Articles complete current affairs details of Arts and cultures with complete depth analysis or full details of all current affair Articles',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 1 => object(Cake\ORM\Entity) {
'id' => (int) 4,
'name' => 'Polity & Governance',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'polity-governance',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Polity Current Affairs | Governance Current Affair | Polity GK',
'metakeyword' => 'Polity Current Affairs, Governance Current Affair, Polity GK, Current Affairs of Polity, Current Affairs of Governance, Current affair Polity',
'metadescription' => 'Polity Current Affairs, Governance Current Affair, and current affairs of Polity and Governance and more get with Study IQ Education Articles and full details',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 2 => object(Cake\ORM\Entity) {
'id' => (int) 5,
'name' => 'International Affairs',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'international-affairs',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'International Affairs | International Current Affairs, GK, News',
'metakeyword' => 'International Affairs, International Current Affairs, International GK, International News, International burning Issues, International Today Affairs, International Current Affair, International current affairs 2019',
'metadescription' => 'International Affairs, International Current Affairs, GK, News, burning issues and all relative information of Internation you can get here for depth knowledge',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 3 => object(Cake\ORM\Entity) {
'id' => (int) 6,
'name' => 'Economy',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'economy',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Economy Current Affairs | Economy Current Affair 2019 | Study IQ',
'metakeyword' => 'Economy Current Affairs, Economy Current Affair, Economy Current Affair 2019, Economy GK news, Economy Affairs, Current Affairs Economy, Current Affair Economy',
'metadescription' => 'Economy Current Affairs, Economy Current Affair 2019 and all the Economy Current Affair, GK, Burning Issues, News, get on study IQ education for exams preparation',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 4 => object(Cake\ORM\Entity) {
'id' => (int) 7,
'name' => 'Banking Awareness',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'banking-awareness',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Banking Awareness Current Affairs, GK, News, Burning Issues',
'metakeyword' => 'Banking Awareness, Current Affairs, Current Affair, bANKING CURRENT AFFAIRS, Current affair of Banking, Current affair of Bank, Current affairs of Bank, BAnk current affairs',
'metadescription' => 'Banking Awareness Current Affairs, GK, News, Burning Issues, and all the latest current affairs of Banking Awareness or Banking for Govt exams preparation',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 5 => object(Cake\ORM\Entity) {
'id' => (int) 8,
'name' => 'Defence & Security',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'defence-security',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Defence Current Affairs | Defence & Security Current Affairs',
'metakeyword' => 'Defence Current Affairs, Current Affairs, Current Affair, Current Affairs of Defence, Security Current Affairs, Security Current Affairs 2019, Security Current Affairs daily, Defence Current Affairs Daily',
'metadescription' => 'Defence Current Affairs, Defence & Security Current Affairs and complete details of Defence & Security current affairs, burning issues of Defence, Defence Today News ',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 6 => object(Cake\ORM\Entity) {
'id' => (int) 9,
'name' => 'Environment',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'environment',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Environment Current Affairs, Current Affairs 2019- Study IQ',
'metakeyword' => 'Environment Current Affairs, Current Affairs Articles, Current Affairs of Environment, Current Affairs Environment',
'metadescription' => 'Environment Current Affairs, Current Affairs 2019, Study IQ provide complete information of Environment Current Affairs, GK, Bunrning Issues, latest news and more',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 7 => object(Cake\ORM\Entity) {
'id' => (int) 10,
'name' => 'Science & Technology',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'science-technology',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Science & Technology Current Affairs | Science Current Affairs',
'metakeyword' => 'Science & Technology Current Affairs, Science & Technology Current Affair, Science Current Affairs, Science Current Affair, Technology Current Affair, Technology Current Affairs',
'metadescription' => 'Science & Technology Current Affairs, Science Current Affairs, Technology today affairs and more relative Science & Technology information get here free',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 8 => object(Cake\ORM\Entity) {
'id' => (int) 11,
'name' => 'Miscellaneous',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'miscellaneous',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Miscellaneous Current Affairs Articles 2019, GK News | Study IQ',
'metakeyword' => 'Current Affairs Articles 2019, Miscellaneous Current Affairs, GK News, Current Affairs Articles',
'metadescription' => 'Current Affairs Articles, Current Affairs GK News analysis, and all topic relative information get here free and online so no need go anywhere that makes time saving ',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 9 => object(Cake\ORM\Entity) {
'id' => (int) 12,
'name' => 'Government Schemes',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'government-schemes',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Government Schemes Current Affairs | Govt Current Affairs StudyIQ',
'metakeyword' => 'Government Schemes Current Affairs, Government Current Affairs, Current Affairs of government, ',
'metadescription' => 'Government Schemes Current Affairs, Government Current Affairs ad all government relative latest information, news, burning issues and more get here',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 10 => object(Cake\ORM\Entity) {
'id' => (int) 13,
'name' => 'Persons in News',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'persons-in-news',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Persons in News | Current Affairs, Awards, Books, Obituaries News',
'metakeyword' => 'Persons in News, Current Affairs, Awards, Books, Obituaries News',
'metadescription' => 'Persons in News, Current Affairs, Awards, Books, Obituaries News, and all the daily current affairs news you will get here with complete information',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 11 => object(Cake\ORM\Entity) {
'id' => (int) 14,
'name' => 'Constitution',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'constitution',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Constitution | Indian Constitution | World Constitution ',
'metakeyword' => 'constitution, Indian Constitution, World Constitution, Country Constitution ',
'metadescription' => 'Get the all the country constitution like Indian constitution, world constitution and more here you can get all the latest information relative to constitution',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 12 => object(Cake\ORM\Entity) {
'id' => (int) 15,
'name' => 'Biodiversity',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'biodiversity',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Biodiversity | ??? ??????? | Biodiversity Current affairs',
'metakeyword' => 'Biodiversity, ??? ???????, Biodiversity Current affairs',
'metadescription' => 'Biodiversity, ??? ???????, Biodiversity Current affairs, Get the latest Biodiversity information with us where you get all the latest information about Biodiversity',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
},
(int) 13 => object(Cake\ORM\Entity) {
'id' => (int) 16,
'name' => 'Ecology',
'parent_id' => (int) 2,
'description' => '',
'keyword' => 'ecology',
'sortorder' => (int) 0,
'status' => (int) 1,
'metatitle' => 'Ecology Topic Wise Current afairs | Ecology Current Affairs ',
'metakeyword' => 'Ecology Current Affairs, Ecology Current Affairs 2021, Best Ecology Current Affairs, ecology topic wise current affairs, ecology',
'metadescription' => 'Best Ecology Current affairs - Get the ecology topic current affairs for all the govt exams preparation with best studyiq faculties and also get free ecology topic pdf on daily basis ',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'cacategories'
}
]
$breadcrumb = [
(int) 0 => [
'name' => 'Home',
'link' => 'https://currentaffairs.studyiq.com/'
],
(int) 1 => [
'name' => 'Miscellaneous',
'link' => 'https://currentaffairs.studyiq.com/tags/miscellaneous-2'
]
]
$previous = [
(int) 0 => object(Cake\ORM\Entity) {
'tags' => 'Miscellaneous',
'keyword' => 'miscellaneous-2',
'title' => 'US jury rules in favour of Johnny Depp in defamation case',
'posturl' => 'us-jury-rules-favour-johnny-depp-defamation-case',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'currentaffairs'
}
]
$next = [
(int) 0 => object(Cake\ORM\Entity) {
'tags' => 'Miscellaneous',
'keyword' => 'miscellaneous-2',
'title' => 'US announces suspension of Intermediate Range Nuclear Forces Treaty with Russia',
'posturl' => 'us-suspends-intermediate-range-nuclear-forces-treaty-with-russia',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'currentaffairs'
}
]
$currentaffairs = [
(int) 0 => object(Cake\ORM\Entity) {
'tag' => 'Miscellaneous',
'keyword' => 'miscellaneous-2',
'id' => (int) 3199,
'title' => 'Italy approves digital tax',
'description' => '<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Issue</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Background</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The tax is similar to the one France implemented earlier this year which has attracted severe criticism from the U.S.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Details</strong></span></span></p>
<ul>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Italian parliament has approved a three percent digital tax on some digital revenue of technology companies that make over $831 million in global revenue, including least $6 million in Italy.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Dozens of countries are working on proposals to change corporate tax schemes to capture money from tech firms that have users across the world, such as Facebook and Google’s parent company Alphabet.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The U.S has opposed digital services taxes because they have a discriminatory impact on U.S.-based businesses and are inconsistent with the architecture of current international tax rules.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Representatives of trade body say that France’s digital services tax discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Authorities are also planning to explore Section 301 of the Trade Act of 1974, which provides the U.S. with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services.</span></span></p>
</li>
</ul>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Digital tax</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Digital tax is a tax applied to digital business activities. Those include both digital-only brands which deal with virtual commodities and the services traditional market players use while transforming their businesses with digital technologies.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Digital businesses have three distinct characteristics:</strong><br />
(a) They are not physically established - for example, Facebook, can offer all of their services with limited or no physical presence.<br />
(b) They heavily rely on intellectual property assets (which can be quite mobile) and are typically located in, or worse shifted to, a low-tax jurisdiction.<br />
(c) They are able to generate value through highly engaged 'user participation' from the source country market.</span></span><br />
</p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Protectionism</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Protectionism refers to government actions and policies that restrict or restrain international trade for the benefit of a single domestic economy.</span></span></p>
',
'created_date' => object(Cake\I18n\FrozenDate) {},
'posturl' => 'italy-approves-digital-tax',
'image' => 'https://www.mediafire.com/convkey/346a/3drkdy47jri0m3n6g.jpg',
'fbimage' => 'https://www.mediafire.com/convkey/346a/3drkdy47jri0m3n6g.jpg',
'metatitle' => 'Italy approves digital tax | digital tax',
'metakeyword' => 'Italy approves digital tax',
'metadescription' => ' Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.',
'author' => null,
'downlaodpdf' => 'https://www.mediafire.com/file/e623uv6gjjbo3bs/Italy_approves_digital_tax.pdf/file',
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'currentaffairs'
}
]
$customer_id = ''
$metadescription = 'Miscellaneous, Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.'
$metakeyword = 'Italy approves digital tax'
$title = 'Italy approves digital tax'
$tagname = 'Miscellaneous'
$sbanners = [
(int) 0 => object(Cake\ORM\Entity) {
'id' => (int) 61,
'bannername' => 'http://www.mediafire.com/convkey/5f54/lodkrbkhwk5lg1q6g.jpg',
'bannerlink' => 'https://www.studyiq.com/course-detail/ssc-bank-combo',
'isright' => (int) 0,
'status' => (int) 1,
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'sitebanners'
},
(int) 1 => object(Cake\ORM\Entity) {
'id' => (int) 62,
'bannername' => 'http://www.mediafire.com/convkey/0552/k9b1o467l8edtbc6g.jpg',
'bannerlink' => 'https://studyiq.com/courses/state-exams',
'isright' => (int) 0,
'status' => (int) 1,
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'sitebanners'
},
(int) 2 => object(Cake\ORM\Entity) {
'id' => (int) 63,
'bannername' => 'http://www.mediafire.com/convkey/154a/6y1qvv7v118759h6g.jpg',
'bannerlink' => 'https://www.studyiq.com/course-detail/upsc-ias-pre-mains',
'isright' => (int) 0,
'status' => (int) 1,
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'sitebanners'
},
(int) 3 => object(Cake\ORM\Entity) {
'id' => (int) 64,
'bannername' => 'http://www.mediafire.com/convkey/563c/o65x6jso51flz886g.jpg',
'bannerlink' => 'https://studyiq.com/courses/upsc/optional-subjects',
'isright' => (int) 0,
'status' => (int) 1,
'[new]' => false,
'[accessible]' => [
[maximum depth reached]
],
'[dirty]' => [[maximum depth reached]],
'[original]' => [[maximum depth reached]],
'[virtual]' => [[maximum depth reached]],
'[errors]' => [[maximum depth reached]],
'[invalid]' => [[maximum depth reached]],
'[repository]' => 'sitebanners'
}
]
$params = [
(int) 0 => 'miscellaneous-2',
(int) 1 => 'italy-approves-digital-tax'
]
$b = [
'name' => 'Miscellaneous',
'link' => 'https://currentaffairs.studyiq.com/tags/miscellaneous-2'
]
$currentaffair = object(Cake\ORM\Entity) {
'tag' => 'Miscellaneous',
'keyword' => 'miscellaneous-2',
'id' => (int) 3199,
'title' => 'Italy approves digital tax',
'description' => '<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Issue</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"> Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Background</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The tax is similar to the one France implemented earlier this year which has attracted severe criticism from the U.S.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Details</strong></span></span></p>
<ul>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Italian parliament has approved a three percent digital tax on some digital revenue of technology companies that make over $831 million in global revenue, including least $6 million in Italy.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Dozens of countries are working on proposals to change corporate tax schemes to capture money from tech firms that have users across the world, such as Facebook and Google’s parent company Alphabet.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The U.S has opposed digital services taxes because they have a discriminatory impact on U.S.-based businesses and are inconsistent with the architecture of current international tax rules.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Representatives of trade body say that France’s digital services tax discriminates against U.S. companies, is inconsistent with prevailing principles of international tax policy, and is unusually burdensome for affected U.S. companies.</span></span></p>
</li>
<li>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Authorities are also planning to explore Section 301 of the Trade Act of 1974, which provides the U.S. with the authority to enforce trade agreements, resolve trade disputes, and open foreign markets to U.S. goods and services.</span></span></p>
</li>
</ul>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Digital tax</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Digital tax is a tax applied to digital business activities. Those include both digital-only brands which deal with virtual commodities and the services traditional market players use while transforming their businesses with digital technologies.</span></span></p>
<p style="margin-right:0in"> </p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Digital businesses have three distinct characteristics:</strong><br />
(a) They are not physically established - for example, Facebook, can offer all of their services with limited or no physical presence.<br />
(b) They heavily rely on intellectual property assets (which can be quite mobile) and are typically located in, or worse shifted to, a low-tax jurisdiction.<br />
(c) They are able to generate value through highly engaged 'user participation' from the source country market.</span></span><br />
</p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif"><strong>Protectionism</strong></span></span></p>
<p style="margin-right:0in"><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">Protectionism refers to government actions and policies that restrict or restrain international trade for the benefit of a single domestic economy.</span></span></p>
',
'created_date' => object(Cake\I18n\FrozenDate) {},
'posturl' => 'italy-approves-digital-tax',
'image' => 'https://www.mediafire.com/convkey/346a/3drkdy47jri0m3n6g.jpg',
'fbimage' => 'https://www.mediafire.com/convkey/346a/3drkdy47jri0m3n6g.jpg',
'metatitle' => 'Italy approves digital tax | digital tax',
'metakeyword' => 'Italy approves digital tax',
'metadescription' => ' Italy has approved a new tax to be levied on large tech companies, a move that is likely to put more strain on the country’s relations with the U.S.',
'author' => null,
'downlaodpdf' => 'https://www.mediafire.com/file/e623uv6gjjbo3bs/Italy_approves_digital_tax.pdf/file',
'[new]' => false,
'[accessible]' => [
'*' => true
],
'[dirty]' => [],
'[original]' => [],
'[virtual]' => [],
'[errors]' => [],
'[invalid]' => [],
'[repository]' => 'currentaffairs'
}
$downloadpdf = 'https://www.mediafire.com/file/e623uv6gjjbo3bs/Italy_approves_digital_tax.pdf/file'
$tags = '<a href="https://currentaffairs.studyiq.com/tags/miscellaneous-2">Miscellaneous</a>'include - ROOT/plugins/Studyiq/src/Template/Pages/tagdetails.ctp, line 161
Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1196
Cake\View\View::_render() - CORE/src/View/View.php, line 1157
Cake\View\View::render() - CORE/src/View/View.php, line 765
Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 623
App\Controller\PagesController::tags() - APP/Controller/PagesController.php, line 995
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 440
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 119
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 93
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 108
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 104
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 98
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
