EU Parliament Tax Chair Wants New Artificial Intelligence Levy

New technologies, including artificial intelligence, ought to be taxed across Europe, according to Pasquale Tridico, the representative who chairs the tax subcommittee in the European Parliament.

“Artificial intelligence is a source of income-generating output, like a worker, like capital, so that’s why it needs to taxed,” the Italian member of the European Parliament said on Wednesday.

He said demographic changes across Europe mean that governments ought to be looking at other sources of revenue instead of labor, and large tech companies should be a part of the solution. Still, he was unclear of how a tax on AI ...