The European Parliament called for digital services taxes and levies on online gambling and crypto assets if needed to strengthen the EU’s revenue streams.
The proposed measures were part of a resolution, approved 370-201 Tuesday, on the bloc’s next seven-year budget starting in 2028. The resolution called for a 10% increase to the current €2 trillion ($2.34 trillion) budget. There were 84 abstentions.
While the majority of the budget will come from member countries’ direct contributions, the EU has some direct sources of revenue, including a share of value-added tax receipts, customs fees, and taxes on ...
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