EU lawmakers want to tax Big Tech to fund budget
Published on: April 9, 2026, 7:03 p.m. | Source: The Economic Times
European Union lawmakers are pushing for a bloc-wide tax on major technology firms and online gambling businesses. This move aims to generate funds for the EU's upcoming seven-year budget, set at two trillion euros. Negotiations are underway between the European Parliament and member states to secure this additional revenue.
