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Digital Services Tax

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EU weighs flat annual levy on large corporations instead of digital services tax

The European Commission is reportedly revising its digital tax proposal so that it applies to all large corporations with revenue above €100 million, rather than singling out digital services providers like Apple, Google and Meta. According to the Financial Times, officials hope this broader approach will raise similar tax revenue while avoiding the appearance of targeting US tech firms specifically. The exact levy amount has not been set, with the EU first seeking agreement among its 27 member states on the broader principle.