EU AI Tax Exploration Suggests a Mindset of Anti-Innovation
TaxA Tax is a mandatory payment that is collected by the local, state and national governments to cover costs for general government services, products and activities.
The Director of the Foundation criticizes a potential AI Levy for Europe. Broad Corporate Tax Improvements Would Better Boost Innovation.
Artificial intelligence (AI) has become an increasingly salient issue for governments. In Europe, the AI debate has already shifted from how to embrace it to how to tax it. If the EU is serious, it’s answer to the AI tax question matters. Broad-based improvements to corporate taxation would better support an innovative Europe than narrow carveouts or punitive tax hikes.
This is a preview of our full op-ed originally published in Bloomberg Law.
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