Query in Perplexity: fact check. does the eu recieve more in fines for us tech copanies than it raises in tax from eu based tech companies No, the EU does not receive more in fines from US tech companies than it raises in tax from EU-based tech companies. Fines from US tech giants like Google (over $8 billion total), Apple (€13 billion back taxes to Ireland plus recent €500-584 million penalties), Meta (€233-200 million), and X (€120-140 million) have cumulatively reached several billion euros since 2016, primarily under antitrust, DSA, and tax recovery rules.[1][2][3][4][5] In contrast, tax revenues from EU-based tech firms and digital activities far exceed these fines. EU digital services taxes (DSTs) in countries like France, Spain, Italy, and the UK—typically 3-5% on targeted revenues—generate hundreds of millions annually from large firms, with UK DST alone yielding €416 million in one year from 18 companies.[6] Broader corporate income tax (CIT) and VAT from the EU tech sector contribute tens of billions yearly; a proposed 5% EU-wide DST could raise €37.5 billion by 2026, nearly 19% of the EU budget, while actual CIT collections dwarf fines.[7][8][9][10] ## Key Comparison | Category | Approximate Scale | Notes | |----------|------------------|-------| | Fines from US Tech | €15-20+ billion (cumulative 2016-2025) | Mostly one-off antitrust/tax recoveries; annual flow <€2-3B [1][11] | | Tax from EU Tech/Digital | €10s of billions annually | Ongoing CIT, VAT, DSTs; digital firms pay ~9.5-15% effective rates but volume is high [7][12][6] | Direct comparisons are challenging due to fines being irregular versus steady taxes, but taxes consistently outpace fines by orders of magnitude.[11][13] Citations: [1] EU hits Elon Musk's X with $140 million fine over business ... https://www.npr.org/2025/12/05/nx-s1-5634694/x-musk-eu-fines [2] Europe's battle with Big Tech: billions in fines and tough laws https://www.mpa.co.uk/news-insights/news/europes-battle-with-big-tech-billions-in-fines-and-tough-laws/ [3] Apple and Meta attack 'unfair' €700m EU fines https://www.bbc.co.uk/news/articles/cm248vzg9jwo [4] EU strikes a blow against Apple and Google in landmark ... https://techinformed.com/eu-rulings-apple-google-antitrust-taxes/ [5] EU hits X with €120 million fine over breaking digital rules https://www.dw.com/en/eu-imposes-120-million-fine-on-elon-musks-x-for-breaking-digital-rules/a-75033724 [6] Digital Service Taxes https://www.taxobservatory.eu/www-site/uploads/2023/06/EUTO_Digital-Service-Taxes_June2023.pdf [7] EU holds back on taxing US Big Tech https://euobserver.com/digital/arb99e5fa7 [8] TOWARDS A EUROPEAN DIGITAL SERVICES TAX https://www.ecmi.eu/sites/default/files/2025_04_fmi-toward-a-european-digital-tax-1.pdf [9] Big Tech, small taxes: Europe debates on the taxation of ... https://euperspectives.eu/2025/09/big-tech-small-taxes-europe/ [10] European Commission presents Annual Report on Taxation https://taxation-customs.ec.europa.eu/news/european-commission-presents-annual-report-taxation-2025-06-24_en [11] Is a billion-dollar tech fine really a tariff in disguise? https://www.politico.com/newsletters/digital-future-daily/2025/03/13/is-a-billion-dollar-tech-fine-really-a-tariff-in-disguise-00229088 [12] Can Big Tech be taxed more? The true, the false and ... https://www.polytechnique-insights.com/en/columns/digital/can-gafams-be-taxed-more-the-true-the-false-and-the-uncertain/ [13] EU Digital Regulations are Costing U.S. Tech Firms ... https://ccianet.org/news/2025/03/eu-digital-regulations-are-costing-u-s-tech-firms-billions-annually/ [14] European Parliament targets Big Tech with new cross- ... https://brusselssignal.eu/2025/11/european-parliament-targets-big-tech-with-new-cross-border-tax/ [15] Digital Services Taxes DST global tracker https://www.vatcalc.com/global/digital-services-taxes-dst-global-tracker/ [16] EU Digital Services Tax https://www.cliffordchance.com/content/dam/cliffordchance/PDFDocuments/eu-digital-services-tax-clifford-chance-client-briefing.pdf [17] From Digital Taxation to CORE: Europe's Obsession with ... https://ecipe.org/blog/from-digital-taxation-to-core/ [18] Big Tech and Digital Taxation reforms in the EU and MENA https://www.euromesco.net/publication/big-tech-and-digital-taxation-reforms-in-the-eu-and-mena/ [19] State of play of Digital Services Taxes (DSTs) and other ... https://www.pwc.com/gx/en/tax/newsletters/tax-policy-bulletin/assets/pwc-state-of-play-of-dsts-and-other-similar-measures.pdf