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Key option for the European budget, the EU plans a tax for companies with a turnover of over 50 million euros
2025-07-11 23:17:19 / BOTA
One of the options being considered in Brussels to fill the European Union's common coffers is the imposition of a new tax on large companies operating in the European market.
International media outlets close to EU headquarters report that this measure is part of discussions on capital spending within the bloc's next budget.
According to the Financial Times, the proposal aims to include all companies that achieve an annual net turnover of over 50 million euros — an amount calculated after deducting subsidies and taxes — regardless of whether their headquarters are located in an EU country or not.
It is envisaged that a "gradual system" will be implemented, which would force higher-income groups to contribute more to the common treasury.
However, to enter into force, this tax requires the unanimous support of the 27 member states, a process that has historically been complex for fiscal matters in the union.
The proposal comes at a time when the EU faces multiple budgetary pressures and the need to increase investments in the green transition, defense, and technological competitiveness.
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