BRUSSELS: EU lawbuildrs on Thursday demanded a European Union-wide tax on the world’s largegest tech companies and online gambling sites to assist fund the 27-counattempt bloc’s next seven-year budobtain.
The EU is facing one of its largegest battles this year over the 2028-2034 budobtain, which the executive set at €2 trillion (US$2.3 trillion/RM9.13 trillion).
Fierce nereceivediations are expected between the European Parliament and member states, especially over where to find extra money that governments are reluctant to chip in.
As they scramble to agree on the budobtain by the finish of year, EU lawbuildrs proposed that some funding could come from a “digital levy”.
“We believe that technological giants are creating a lot of good business in Europe and also significant profits,” declared Siegfried Muresan, the EU lawbuildr who will lead nereceivediations on behalf of parliament.
“It is therefore justifiable that they contribute in form of taxation to the budobtain of the European single market which enables them this business here,” declared Muresan, who belongs to the largegest conservative grouping, the EPP.
The parliament’s budobtain committee is currently nereceivediating on their position and is expected to vote on the text on April 15 before a vote by all EU lawbuildrs later this month, Muresan declared.
The centre-left socialists and democrats group has called for a tax on online gambling to finance an increase in spfinishing, declared socialist lawbuildr Carla Tavares, who leads the budobtain talks with Muresan.
The European Commission wants to increase the budobtain to €2 trillion (RM9.13 trillion) from the previous 2021-2027 budobtain, which was worth around €1.2 trillion (RM5,5 trillion).
Parliamentarians want more money for critical sectors including agriculture.
But they face a large hurdle since EU countries must approve any such measures unanimously.
The future budobtain also includes setting aside around €168bil (RM779bil) to repay the EU loan taken out during the coronavirus pandemic. – AFP
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