FinanceFinancial Timesabout 3 hours ago
Brussels Weighs Broad Tax on Big Tech
2 min read
Brussels is considering a broad levy on large corporations to capture revenue from US tech groups such as Apple, Meta and Google while avoiding a backlash from the Trump administration. The plan would expand the CORE proposal to require companies with EU revenue above €100 million ($112.32 million) to pay an annual lump-sum tax of €100,000 to €750,000.
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