EU Budget Could Benefit from €11 Billion in New Taxes

The European Union is considering new taxes on digital services, gambling, and crypto assets to generate additional revenue for its long-term budget. The European Commission has estimated that these taxes could yield up to €11 billion per year.

The Commission's estimates are based on various assumptions, including the growth of the online gambling sector and the revenue from digital advertising in certain EU countries. The figures may be underestimates, as they are based on 2025 prices.

Some of the tax proposals have garnered preliminary support from certain EU members, particularly the online gambling tax. However, not all member states agree on the need for new taxes or the design of these taxes.