Policy2 hOctober 8, 2026, 01:14

EU to Expand CORE Levy to Indirectly Tax Apple and Meta

The European Commission is weighing an expansion of its sector-neutral CORE levy on large companies to raise revenue from US tech giants including Apple, Meta and Google without naming them in legislation. The current levy applies to firms with EU net revenue above €100 million, with annual payments of €100,000 to €750,000.

Tech Times

Open source

EU to Expand CORE Levy to Indirectly Tax Apple and Meta

CORE is part of the EU's roughly €2 trillion budget plan for 2028–2034
Current annual payments range from €100,000 to €750,000
Threshold is EU net revenue above €100 million
Germany and the Netherlands have already opposed the mechanism

#Apple#Meta#Google#EU

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