Beta The Briev beta is out. Free on iPhone via TestFlight — install it in under a minute.

Join the beta ↗
Briev
Live
Politics

EU Parliament's digital levy could generate up to €25 billion annually for next budget

MEP Danuše Nerudová says the European Parliament’s proposed digital levy may raise as much as €25 bn a year, far exceeding the Commission’s forecast.

Danuše Nerudová, a Czech MEP from the EPP, disclosed that the European Parliament’s assessment of its digital levy suggests it could bring in up to €25.2 bn each year, a figure five times larger than the European Commission’s earlier projection. The Parliament’s estimate expands the levy’s scope beyond advertising and intermediation to cover streaming, data-processing and other digital services, and raises the tax rate to 5%.

Revenue forecasts show online gambling could yield €3.9 bn, more than double the Commission’s €1.9 bn estimate, while a capital-gains tax on crypto assets might generate €3 bn versus the Commission’s €2.4 bn. Malta has voiced strong resistance to the gambling tax, and the crypto tax is seen as difficult to enforce due to market volatility. Nerudová warned that talks on the levy are already behind schedule for inclusion in the EU’s next Multiannual Financial Framework starting in 2028. She argues the levy is essential to fund debt repayment and new EU priorities.

How the sides frame it

MODERATE AGREEMENT

Both camps report the EU Parliament's digital levy estimates, but centrist coverage focuses on the projected revenue figures and implementation challenges, while right-leaning coverage emphasizes the tax as a means to fund the budget gap and make tech firms pay their fair share.

CENTER

Centrist coverage highlights the levy’s projected €25 billion annual revenue, notes higher estimates than the Commission, and points out resistance from Malta and enforcement difficulties for crypto taxes.

RIGHT

Right-leaning coverage frames the digital and crypto taxes as solutions to the EU budget shortfall, stressing that they make large tech platforms pay their fair share and increase sector transparency.

The right emphasises

  • taxes aim to unblock stalled negotiations on additional EU revenues
  • make major tech companies pay their fair share
  • provide several billions and greater transparency in the cryptocurrency sector
Get the beta ↗