PolicyThe Next Webabout 1 hour ago
EU Considers Broader Levy on Large Companies
2 min read
The European Commission plans to expand a levy on large companies to include nearly all firms with yearly revenue over €100 million, aiming to tax Big Tech without directly targeting them. This proposal, introduced in July 2025, replaces a dropped digital tax to avoid upsetting the Trump administration, though it requires approval from all 27 member states to take effect.
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