- A 5 percent EU digital tax could generate 37.5 billion euros in 2026
- The study was published by the Centre for European Policy Studies
- It was requested by the Greens EFA group in the European Parliament
- The tax would apply to digital advertising, e-commerce, cloud services, and digital media
- The previous 3 percent EU digital services tax estimated 4.7 billion euros in revenue
- The study emphasizes the need for the EU to act due to stalled OECD progress
- Alternative digital taxation methods are explored but the DST is seen as the most viable short-term option
Source: etaf.tax
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
