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European Commission weighs broad levy on large corporations to sidestep US tariff threats
Crypto Briefing ·
Crypto Briefing reports: The European Commission needs new money for its next long-term budget. It would also like to avoid a tariff war with Washington. The Commission is deliberating a charge on all large companies with annual EU revenues above €100 million. Sector would not matter. The levy would reportedly take the form of a lump-sum contribution. It would not be a tax tailored to digital services, online platforms or any other single industry. The goal is to create new revenue streams…