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General

Apple ups iPhone price to pay for Italian 'smartphone tax'

Wednesday 23 July 2014 | 13:59 CET | News
Apple has announced an increase of EUR 4.76 on the RRP of a 32GB iPhone 5s and EUR 3.54 on the price of an iPad with the same storage to counteract the Italian government's recently-announced introduction of a so-called 'smartphone tax'. The tax is in fact a triennial update of the "equo compenso" (fair compensation) decree, increasing the amounts levied on smartphones, tablets and other hi-tech consumer devices in Italy. Dario Franceschini, Italy's culture minister, said that the money raised would be distributed to copyright owners as compensation for personal copies of digital files while

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Categories: General
Companies: Apple
Countries: Italy
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