The European Commission is exploring a sweeping tax proposal that would impose a levy on all large corporations rather than targeting specific companies, particularly US-based digital firms. The move aims to create a more uniform approach to corporate taxation across member states, addressing concerns about unfair competitive advantages. Officials emphasize that the goal is to prevent fragmentation in the EU’s tax policies while ensuring major businesses contribute fairly. This shift could reshape how multinational companies are taxed within the bloc.
European Commission considers a broad levy on all large companies to avoid singling out US digital services groups