![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
![What the EU Carbon Border Adjustment Mechanism Means for Europe and the United States EU CBAM or EU carbon border tax](https://taxfoundation.org/wp-content/uploads/2022/12/EU-US-Flag-e1671572758521-300x225.jpeg)
What the EU’s Carbon Border Adjustment Mechanism Means for Europe and the United States
The Carbon Border Adjustment Mechanism (CBAM) is a key aspect of the EU’s broader Fit for 55 package which aims to cut 55 percent of net greenhouse gas (GHG) emissions in the EU by 2030. The growing number of competing climate policies between the EU and U.S., such as tax provisions in the Inflation Reduction Act, could present policymakers on both sides of the Atlantic an opportunity to work together.
5 min read![EU tax revenue stability amid global financial crisis European public debt crisis and Eurozone recession tax policy](https://taxfoundation.org/wp-content/uploads/2023/04/EU-tax-revenue-stability-amid-global-financial-crisis-and-eurozone-recession-tax-policy-300x201.jpg)
Tax Policy and Economic Downturns in Europe
While some temporary policies can help in a crisis, policymakers should focus their efforts on sustainable policies that support growth and the resilience of businesses (and government coffers) over the long term.
6 min read![Estate taxes, inheritance taxes, and gift taxes in Europe 2023](https://taxfoundation.org/wp-content/uploads/2023/04/Estate-Inheritance-2023-300x295.png)
Estate, Inheritance, and Gift Taxes in Europe, 2023
As tempting as inheritance, estate, and gift taxes might look—especially when the OECD notes them as a way to reduce wealth inequality—their limited capacity to collect revenue and their negative impact on entrepreneurial activity, saving, and work should make policymakers consider their repeal instead of boosting them.
3 min read![Tax Subsidies for R&D Expenditures in Europe including R&D tax incentives](https://taxfoundation.org/wp-content/uploads/2023/04/Tax-Subsidies-for-RD-Expenditures-in-Europe-2023-300x290.png)
Tax Subsidies for R&D Expenditures in Europe, 2023
Many countries incentivize business investment in research and development (R&D), intending to foster innovation. A common approach is to provide direct government funding for R&D activity. However, a significant number of jurisdictions also offers R&D tax incentives.
3 min read![2022 dividend tax rates Europe dividend income tax rates](https://taxfoundation.org/wp-content/uploads/2023/03/Dividend_2023-300x290.png)
Dividend Tax Rates in Europe, 2023
In many countries, corporate profits are subject to two layers of taxation: the corporate income tax at the entity level when the corporation earns income, and the dividend tax or capital gains tax at the individual level when that income is passed to its shareholders as either dividends or capital gains.
3 min read![](https://taxfoundation.org/wp-content/uploads/2023/03/CAP_Gains_2023-300x290.png)
Capital Gains Tax Rates in Europe, 2023
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 of all countries covered, at a rate of 42 percent. Norway levies the second-highest top capital gains tax at 37.8 percent. Finland and France follow, at 34 percent each.
4 min read![Von der Leyen Biden EU IRA & Competitiveness | Tax FoundationPresident von der Leyen President Biden Can’t Fix European Competitiveness clean tech and Inflation reduction act subsidies](https://taxfoundation.org/wp-content/uploads/2023/03/President-von-der-Leyen-President-Biden-CanE28099t-Fix-European-Competitiveness-clean-tech-and-Inflation-reduction-act-subsidies-300x240.jpg)
Dear President von der Leyen: President Biden Can’t Fix European Competitiveness
Focusing on the “threat” to European industry caused by the Inflation Reduction Act rather than internal tax system flaws puts the EU at risk of slower economic growth and possibly losing some of its important industrial base. It is also contrary to the EU’s geopolitical goals.
4 min read![EU tax research The European Commission and the Taxation of the Digital Economy EU digital levy](https://taxfoundation.org/wp-content/uploads/2021/02/eu-european-union-linkedin-3-300x157.jpeg)
EU Taxation: Prioritizing Geopolitics over Revenue
If the EU wants to strategically compete with economic powers like the United States or China, it needs principled, pro-growth tax policy that prioritizes efficient ways to raise revenue over geopolitical ambitions.
6 min read![Top Personal Income Tax Rates in Europe 2023 Income Tax Rates or Individual Income Tax Rates](https://taxfoundation.org/wp-content/uploads/2023/02/Top-Personal-Income-Tax-Rates-in-Europe-2023-Income-Tax-Rates-or-Individual-Income-Tax-Rates-300x290.png)
Top Personal Income Tax Rates in Europe, 2023
Denmark (55.9 percent), France (55.4 percent), and Austria (55 percent) have the highest top statutory personal income tax rates among European OECD countries.
2 min read![EU windfall profits tax EU energy security EU fossil fuel EU presidency European Union presidency including Czech presidency Europe council EU VAT Rates: EU VAT Directive & EU Reduced VAT Rates](https://taxfoundation.org/wp-content/uploads/2022/05/EU-European-Union-reduced-vat-rates-300x200.jpg)
The EU’s Windfall Profits Tax: How “Tax Fairness” Continues to Get in the Way of Energy Security
When it comes to providing economic relief to those in need, wartime energy security, and principled tax policy, the EU can do all three. But a windfall profits tax is not the policy to achieve these goals.
8 min read