Beer Taxes in Europe July 26, 2022 ’Tis the season to crack open a cold one. Ahead of International Beer Day on August 5th, let's take a minute to discover how much of your cash is actually going toward the cost of a brew with this week's tax map, which explores excise duties on beer.
Gas Taxes in Europe July 12, 2022 The Netherlands has the highest gas tax in the European Union, at €0.82 per liter ($3.69 per gallon). Italy applies the second highest rate at €0.73 per liter ($3.26 per gallon), followed by Finland at €0.72 per liter ($3.24 per gallon).
Tax Files Under New Council of EU Presidency: Czechia July 11, 2022 As the Czech EU presidency considers a plan to manage various tax-related files, it would be wise to consider principled tax policy that broadens the tax base and reduces the tax wedge on strategic investment.
Carbon Taxes in the Global Market: Changes on the Way? June 27, 2022 As policymakers on both sides of the Atlantic debate the way forward on carbon border adjustment mechanisms, it is important to keep principles of good tax policy in mind.
Carbon Taxes in Europe June 14, 2022 In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems, and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon tax.
Cigarette Taxes in Europe May 31, 2022 Ireland and France levy the highest excise duties on cigarettes in the EU, at €8.85 ($10.47) and €6.88 ($8.13) per 20-cigarette pack, respectively.
Time for an Updated Impact Assessment of the Global Tax Deal May 19, 2022 Treasury Secretary Janet Yellen offered estimates from the EU Tax Observatory as evidence that the Polish government would benefit from supporting the global tax deal. Unfortunately, evidence was, at best, out of date.
Europe Opened the Pandora Box of Reduced VAT Rates May 17, 2022 With this new VAT directive, the EU has invited member states to adopt policies that create new complexities, are poorly targeted, and undermine an Own Resource.
Benefits of Principled Tax Policy: EU VAT Reform Results April 19, 2022 The EU’s recent VAT reform is an example of a win for governments, consumers, and companies. Charting a new path toward a more successful tax system.
Impact of Elections on French Tax Policy and EU Own Resources June 23, 2022 The French election results are paralyzing for French pro-growth tax reforms, pessimistic for EU own resources, and dire for overall economic certainty.
Analyzing Recent Tax Trends Among EU Countries March 28, 2022 In recent years, EU countries have undertaken a series of tax reforms designed to maintain tax revenue levels while supporting investment and economic growth. However, not all tax reforms were created equal.
Russia’s Ukrainian War Could Impact EU Carbon Proposal Too March 18, 2022 Given the uncertainty surrounding the war in Ukraine, future trade relations with Russia, and the overall CBAM revenue structure. The EU will need to adjust policy when challenges arise as it looks to increase its role in fiscal affairs through new own resources.
Post-Versailles Declaration: Tax Policy in the Future of European Energy Security March 15, 2022 The unified EU signing of the “Versailles Declaration” is a historic break from the past. Russia’s war against Ukraine has made energy (and related tax policies) an even more urgent focus for the EU.
Capital Gains Tax Rates in Europe March 8, 2022 In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Denmark levies the highest top capital gains tax among European OECD countries, followed by Norway, Finland, and France.
Corporate Income Tax Rates in Europe February 22, 2022 Portugal, Germany and France have the highest corporate tax rates in Europe. How does your country compare?
2022 VAT Rates in Europe January 25, 2022 The VAT is a consumption tax assessed on the value added in each production stage of a good or service. Every business along the value chain receives a tax credit for the VAT already paid. The end consumer does not, making it a tax on final consumption.
Testimony: EU Parliament Subcommittee on Tax Matters Hearing on the Impact of National Tax Reforms on the EU Economy October 11, 2021 Tax Foundation testimony on the diversity of tax systems within the EU, three important ways to consider reforms by Member States, and several recommendations for the EU Parliament's Subcommittee on Tax Matters to consider.
The EU Determined to Reform the Business Tax March 19, 2021 The EU recently launched a consultation to reform the business tax system, which will outline the priorities for corporate taxation over the coming years to meet the needs of a globalized economy that struggles to recover from the consequences of the COVID-19 crisis. It will also set EU actions regarding the ongoing international discussion on the taxation of the digital economy and a global minimum tax.
Beer Taxes in Europe July 26, 2022 ’Tis the season to crack open a cold one. Ahead of International Beer Day on August 5th, let's take a minute to discover how much of your cash is actually going toward the cost of a brew with this week's tax map, which explores excise duties on beer.
Gas Taxes in Europe July 12, 2022 The Netherlands has the highest gas tax in the European Union, at €0.82 per liter ($3.69 per gallon). Italy applies the second highest rate at €0.73 per liter ($3.26 per gallon), followed by Finland at €0.72 per liter ($3.24 per gallon).
Tax Files Under New Council of EU Presidency: Czechia July 11, 2022 As the Czech EU presidency considers a plan to manage various tax-related files, it would be wise to consider principled tax policy that broadens the tax base and reduces the tax wedge on strategic investment.
Carbon Taxes in the Global Market: Changes on the Way? June 27, 2022 As policymakers on both sides of the Atlantic debate the way forward on carbon border adjustment mechanisms, it is important to keep principles of good tax policy in mind.
Carbon Taxes in Europe June 14, 2022 In recent years, several countries have taken measures to reduce carbon emissions, including instituting environmental regulations, emissions trading systems, and carbon taxes. In 1990, Finland was the world’s first country to introduce a carbon tax.
Cigarette Taxes in Europe May 31, 2022 Ireland and France levy the highest excise duties on cigarettes in the EU, at €8.85 ($10.47) and €6.88 ($8.13) per 20-cigarette pack, respectively.
Time for an Updated Impact Assessment of the Global Tax Deal May 19, 2022 Treasury Secretary Janet Yellen offered estimates from the EU Tax Observatory as evidence that the Polish government would benefit from supporting the global tax deal. Unfortunately, evidence was, at best, out of date.
Europe Opened the Pandora Box of Reduced VAT Rates May 17, 2022 With this new VAT directive, the EU has invited member states to adopt policies that create new complexities, are poorly targeted, and undermine an Own Resource.
Benefits of Principled Tax Policy: EU VAT Reform Results April 19, 2022 The EU’s recent VAT reform is an example of a win for governments, consumers, and companies. Charting a new path toward a more successful tax system.
Impact of Elections on French Tax Policy and EU Own Resources June 23, 2022 The French election results are paralyzing for French pro-growth tax reforms, pessimistic for EU own resources, and dire for overall economic certainty.
Analyzing Recent Tax Trends Among EU Countries March 28, 2022 In recent years, EU countries have undertaken a series of tax reforms designed to maintain tax revenue levels while supporting investment and economic growth. However, not all tax reforms were created equal.
Russia’s Ukrainian War Could Impact EU Carbon Proposal Too March 18, 2022 Given the uncertainty surrounding the war in Ukraine, future trade relations with Russia, and the overall CBAM revenue structure. The EU will need to adjust policy when challenges arise as it looks to increase its role in fiscal affairs through new own resources.
Post-Versailles Declaration: Tax Policy in the Future of European Energy Security March 15, 2022 The unified EU signing of the “Versailles Declaration” is a historic break from the past. Russia’s war against Ukraine has made energy (and related tax policies) an even more urgent focus for the EU.
Capital Gains Tax Rates in Europe March 8, 2022 In many countries, investment income, such as dividends and capital gains, is taxed at a different rate than wage income. Denmark levies the highest top capital gains tax among European OECD countries, followed by Norway, Finland, and France.
Corporate Income Tax Rates in Europe February 22, 2022 Portugal, Germany and France have the highest corporate tax rates in Europe. How does your country compare?
2022 VAT Rates in Europe January 25, 2022 The VAT is a consumption tax assessed on the value added in each production stage of a good or service. Every business along the value chain receives a tax credit for the VAT already paid. The end consumer does not, making it a tax on final consumption.
Testimony: EU Parliament Subcommittee on Tax Matters Hearing on the Impact of National Tax Reforms on the EU Economy October 11, 2021 Tax Foundation testimony on the diversity of tax systems within the EU, three important ways to consider reforms by Member States, and several recommendations for the EU Parliament's Subcommittee on Tax Matters to consider.
The EU Determined to Reform the Business Tax March 19, 2021 The EU recently launched a consultation to reform the business tax system, which will outline the priorities for corporate taxation over the coming years to meet the needs of a globalized economy that struggles to recover from the consequences of the COVID-19 crisis. It will also set EU actions regarding the ongoing international discussion on the taxation of the digital economy and a global minimum tax.
