The European Commission has launched a public consultation on the proposed initiative to introduce a digital levy. The Inception Impact Assessment indicates that the options for the digital levy which are being considered include:

• A corporate income tax top-up to be applied to all companies conducting certain digital activities in the EU
• A tax on revenues created by certain digital activities conducted in the EU
• A tax on digital transactions conducted business-to-business in the EU.

Stakeholders are invited to give feedback by completing an online questionnaire.

The consultation period ends on 12 April 2021.