The European Commission is exploring a broad tax levy on large corporations, including major US technology companies, according to a report by the Financial Times. The proposal aims to increase EU revenues rather than target specific digital service firms.
Outlets describe the approach as a way to avoid singling out particular US companies, which could trigger political backlash. Several reports frame the discussion as partly intended to reduce tensions with the Trump administration, while still capturing more income tied to Big Tech. The coverage also indicates the Commission is weighing “new ways” to raise contributions from large technology groups, using a wider corporate tax mechanism instead of a narrow digital-services focus.
Overall, the sources agree that the Commission is still at the consideration stage and that the key feature is the breadth of the levy—designed to collect more revenue from large firms that benefit from the EU market, while mitigating diplomatic and legal risks.