The EU committee is planning a new tax for strong sales to open income sources. The levy must apply to all large companies that work in the EU and identify the net turnover of more than 50 million euros – this would also include digital groups such as Meta or Apple.
A spread system is intended to ensure that companies with the highest sales make larger contributions, reported the “Financial Times”, referring to the concept. This applies regardless of the headquarters of the companies.
Out of pure digital load
The EU committee did not want to comment on this for the time being. She only explained that the proposal could still change.
According to the report, the Brussels Authority falls earlier plans for a pure digital tax, which in particular had made American technology groups such as Apple and Meta. However, these would also be recorded by the new, broader entry.
Answer Trump’s customs bed threats?
The approval of all 27 Member States is required for the introduction of tax. The plans were known against the background of the customs flict with the United States. US President Donald Trump has repeatedly criticized the EU technology groups.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
