TNW | Eu
EU considers bigger levy on large companies to tax Big Tech
Brussels wants more revenue from Apple, Meta and Google without a digital tax that could anger Washington.
Via TNW | Eu
·Excerpt
Headquarters of the European Commission, one of the main institutions of the European Union (EU)
Credit: HJBC via Shutterstock.com
The European Commission is looking to collect more money from Apple, Meta, Google, and other US tech companies, according to the Financial Times, which spoke with six officials who are familiar with the discussions.
The Commission plans to do this by introducing a levy on large companies overall. Their goal is to avoid a tax that targets only tech companies, which…
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