The European Union has dropped its plan for a tax on Big Tech firms, likely as part of attempting to secure a more favorable trade deal with Trump. Negotiations are being held in Brussels over EU ...

The digital tax proposal comes ahead of an expected visit by German Chancellor Friedrich Merz to the U.S.–if President Trump views this move as discriminatory against U.S. companies, it could ...

The final taxation proposals are due to be published on July 16, 2025, and will be for the budgets beginning in 2028. Unless the EU reinstates its digital tax proposal, the move is being seen as a ...