EU eyes taxing big tech via broad corporate levy - FT
Brussels is considering taxing big US tech companies through a broad levy on large corporations to raise EU revenues while avoiding a backlash from the Trump administration, the Financial Times reported, citing six officials.
S. technology companies through a wider levy on large corporations as it seeks to boost EU revenues while avoiding a backlash from the Trump administration, the Financial Times reported on Wednesday. The European Commission was exploring ways to collect more revenue from technology groups including Apple, Meta and Google without targeting them directly, the newspaper reported, citing six officials familiar with the discussions. Reuters was not immediately able to verify the report.