![The Impact of High Inflation on Tax Revenues across Europe](https://taxfoundation.org/wp-content/uploads/2024/06/AdobeStock_522977445-300x200.jpeg)
All Related Articles
![inheritance taxes in europe, estate taxes in europe, Estate tax europe, inheritance tax europe, gift tax europe](https://taxfoundation.org/wp-content/uploads/2020/07/Estate-Inheritance-FV-01-295x300.png)
![](https://taxfoundation.org/wp-content/uploads/2023/08/Patent-Box-2023-285x300.png)
![2024 VAT rates in Europe, including value-added tax or 2024 EU VAT rates data](https://taxfoundation.org/wp-content/uploads/2024/01/VAT-Rates-24_updated-300x259.png)
![Distilled spirits taxes in Europe 2020](https://taxfoundation.org/wp-content/uploads/2020/07/Distilled-Spirits-C-FV-01-284x300.png)
Distilled Spirits Taxes in Europe
2 min read![EU budget tax EU tax, excise state of mind, excise tax trend to fill budget gaps](https://taxfoundation.org/wp-content/uploads/2020/07/linkedin-shared-link-EU-brussels-300x157.jpeg)
The New EU Budget is Light on Details of Tax Proposals
The European Council recently agreed on a new multiannual budget and a recovery program, which sets EU budget levels for 2021-2027 totals €1 trillion (US $1.2 trillion). The lack of details on the various tax proposals and the eventual need for revenue sources to finance new EU debt mean there is a lot of work left for policymakers in Brussels to do.
4 min read![EU cigarette tax rates, Cigarette taxes in the EU, Excise duties on Tobacco European Union](https://taxfoundation.org/wp-content/uploads/2020/07/Cigarette-2020-FV-01-e1594835253819-283x300.png)
Cigarette Taxes in Europe, 2020
Ireland and the United Kingdom levy the highest excise duties on cigarettes in the European Union (EU), at €8.00 ($8.95) and €6.83 ($7.64) per 20-cigarette pack, respectively. This compares to an EU average of €3.22 ($3.61). Bulgaria (€1.80 or $2.01) and Slovakia (€2.07 or $2.32) levy the lowest excise duties.
3 min read![Gas taxes in Europe, How do gas taxes in Europe compare? Compare gas tax rates in Europe 2020 gas tax rates in the EU](https://taxfoundation.org/wp-content/uploads/2020/07/Gas-2020-FV-01-285x300.png)
Gas Taxes in Europe, 2020
4 min read![Germany tax, German EU presidency Germany EU presidency](https://taxfoundation.org/wp-content/uploads/2020/07/Germany-tax-300x200.jpg)
Tax Policy Proposals for the German EU Presidency
While much of Germany’s EU presidency agenda is focused on policies to ensure economic stability and recovery from the COVID-19 pandemic, there’s a pair of tax proposals that the country is planning to develop and move forward at the EU level: a financial transaction tax and a minimum effective tax.
5 min read![Europe beer tax map, Beer taxes in Europe, European beer, beer in Europe, Czech republic beer, Estonia beer, Ireland beer, UK beer, Germany beer, Irish beer, German beer, Spanish beer, Polish beer, Austria beer](https://taxfoundation.org/wp-content/uploads/2020/07/Beer-2020-FV-011-285x300.png)
Beer Taxes in Europe, 2020
3 min read![OECD tax revenues 2021 sources of government revenue in the oecd, 2019, government tax revenue corporate tax revenue corporate tax revenues](https://taxfoundation.org/wp-content/uploads/2019/04/Sources-of-government-revenue-euros-CROP-e1555963525137-300x188.jpeg)
European Countries Might Consider Scrapping the Bank Tax for Greater Financial Support
In the wake of the coronavirus crisis, some governments are seeking to cut bank taxes to enhance financial support to businesses and public investment projects.
2 min read