# EU Tax Deal Funds Next Budget

> EU may use global tax revenue to fund next budget amid tax talks.
- Title: EU Tax Deal Funds Next Budget · POLITICO | Shortify
- Summary: EU may use global tax revenue to fund next budget amid tax talks. EU explores redirecting multinational tax revenue to cover next budget after years of…
- Keywords: global tax deal, budget negotiations, corporate tax, core tax, multinational companies, eu budget, politics, world, Tax, Deal, Funds, Next
- Source: POLITICO — https://politico.eu/article/eu-eyes-global-tax-deal-revenue-to-boost-next-budget
- Published: 2026-10-27T17:58:36+00:00
- Read time: 1 min
- Topics: eu, global tax deal, budget negotiations, corporate tax, core tax, multinational companies, eu budget, politics, world
## EU Budget Funding Plan
European Commission explores using global tax revenue to fund next seven-year EU budget.
## Tax Agreement Stalling Talks
EU governments remain divided over five proposed new taxes despite commission's €65 billion annual revenue estimate.
## Corporate Tax Debate
CORE tax faces strong opposition in Germany while corporate income tax targets profitability instead of revenue.

> The corporate income tax is about taxing companies based on their profitability. core is not about that, core is about taking a toll blindly
## Tax Deal Details
OECD requires 15% minimum tax on multinationals with €750m turnover, but US secured exemption from rules.
## Budget Deadline Pressure
Costa urges leaders to finalize budget deal by year-end before elections risk derailing negotiations.
## Key takeaway

EU explores redirecting multinational tax revenue to cover next budget after years of deadlock.