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Why a Turnover-Related Levy Is Wrong for the Eu Budget

Summary by Makronom
With the "CORE" concept, the European Commission wants to create a new source of income for the EU budget. However, the corporate tax has a distorting effect, meets small companies disproportionately and is inefficient. Better alternatives are already on the table.
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With the "CORE" concept, the European Commission wants to create a new source of income for the EU budget. However, the corporate tax has a distorting effect, meets small companies disproportionately and is inefficient. Better alternatives are already on the table.

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Makronom broke the news in on Wednesday, July 23, 2025.
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