Brussels’ €6.8 bn corporate levy faces political firestorm Brussels has proposed a new €6.8 billion corporate tax. Less than 48 hours later, political backlash from major EU economies and industry groups has left the levy — designed to help fund the bloc’s next long-term budget — with almost no chance of survival.

Brussels wants €6.8bn from a new tax on big firms. Germany, the Netherlands, and business leaders say it’s “dead on arrival.” #EUbudget #CORElevy #BusinessEurope www.politico.eu/article/ursula-von-der-l...