EU Digital Tax Could Raise Up to €25 Billion for Next Budget, Data Suggests
A proposed European Parliament digital tax could generate five times more revenue than the European Commission's estimate, according to figures from lawmaker Danuse Nerudova.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
A digital tax proposed by the European Parliament could generate up to 25 billion euros annually for the European Union's budget, according to exclusive data cited by Euronews and attributed to European lawmaker Danuse Nerudova.
The figure is roughly five times higher than the European Commission's own estimate for the tax's potential revenue, the report said.
The proposal comes as EU institutions negotiate the bloc's next multiannual budget, with member states divided over spending levels and how to fund the EU's priorities without increasing direct contributions from national governments.
Euronews's report did not specify the exact mechanism by which the digital tax would be levied or which companies would be affected.
Sources
- Exclusiva: El impuesto digital de la UE podría aportar hasta 25.000 millones al próximo presupuesto — Euronews (Español)
EGazette summarizes reporting from multiple sources; follow the links for the originals.
Comments
Loading comments…
Related articles
Inflation requires 'more flexibility,' Italian premier tells EU Commission chief
Giorgia Meloni said member states need additional room to support families and businesses amid ongoing price pressures, according to Anadolu Agency.
Meloni Asks von der Leyen for More Fiscal Flexibility Amid Inflation Pressures
The Italian prime minister wants the issue addressed at upcoming ECOFIN and EU Council meetings to help households and businesses.
Lahore chamber seeks one-month extension for income tax filing
LCCI's newly elected president has asked Pakistan's tax authority to push the Tax Year 2026 deadline back to October 31.
Downing Street Gathering Evidence on Public Support for UK Rejoining EU
Senior government officials have approached thinktanks and pollsters to test public backing for reversing Brexit.
No 10 Explores Public Appetite for Reversing Brexit
Downing Street is testing how voters might respond to a pledge to rejoin the EU as debate grows within the governing Labour Party.
Macron Welcomes Suggestion That UK Could Rejoin the EU
The French president reacted warmly after UK Prime Minister Andy Burnham hinted Britain could consider returning to the European Union.