Exclusive: EU-wide digital levy might generate up to €25bn annually for next budget
The European Parliament's proposed digital levy could raise up to €25bn a year for the next EU budget, five times the Commission's estimate, according to figures shared exclusively with Euronews by MEP Danuše Nerudová.
A proposed digital levy by the European Parliament could generate up to €25.2bn annually for the EU's next budget, significantly higher than the European Commission's initial estimate, according to MEP Danuše Nerudová. The Parliament's broader tax base covers online gambling, digital services, and crypto assets, while the Commission's estimate focused only on advertising and intermediation services.
Nerudová argues that the digital levy is necessary to ensure fair funding and a level playing field for European tech companies, addressing concerns about member states' skepticism due to geopolitical implications. The Parliament's tax on online gambling and crypto assets exceeds the Commission's estimates, with negotiations already behind schedule for implementation before the 2028 budget period.
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