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Europe News

EU climate chief gets green light for new Commission

Dutch commissioner recommits to a 90% emissions cut by 2040, pledges not to revise deadlines for the phase-out of new petrol and diesel cars, and brushes off a far-right climate denier during a grilling by MEPs.

Economy

UK Treasury chief Rachel Reeves unveils £40bn tax hikes in budget

UK Treasury chief Rachel Reeves unveils budget with £40bn in tax hikes and says she'll "invest, invest, invest".

Europe News

Climate Commissioner eyes chance to drive emissions cuts through tax

Wopke Hoekstra wants to use tax changes to nudge Europeans towards cleaner and greener choices in areas such as transport and heating – but he’ll face the same veto that has blocked reform for years.

Business

Who has the most competitive tax system in Europe?

New research awards bouquets to Estonia, the UK and Germany and brickbats to Italy and France – as governments seek to avoid a race to the bottom on standards.

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Brussels, My Love?

Brussels, my love? Europe's economy in a struggle for survival

This edition of our weekly talk show focuses on the growing challenges facing the European economy: declining competitiveness, increasing potential for conflict in trade with China and diminishing scope for the public sector.

Europe News

EU Parliament's left signals warning over Dutch Commission nominee

The choice of former Dutch finance minister Wopke Hoekstra to run EU tax policy has drawn attention from MEPs given previous links to tax havens, and the Netherlands’ status as a hub for corporate tax avoidance.

Economy

Power to the people - should Europeans choose where their taxes go?

As France tries to find its way through political gridlock, the outgoing PM Gabriel Attal is looking for policies with cross-party support. One idea is to give more power to taxpayers.

Business

Facing budget crunches, Chinese tax collectors descend on companies

Chinese authorities are chasing unpaid taxes from companies and individuals dating back decades, as the government moves to plug massive budget shortfalls and address a mounting debt crisis.

Business

Will finance ministers finally agree a global billionaire tax?

Officials from the twenty biggest global economies are today discussing plans for a levy on the world’s 3,000 richest people.

Europe News

Estonia blocks plan to put VAT on Airbnb, Uber-style online platforms

The Baltic nation wielded a veto over laws intended to modernise tax for the digital economy.

Europe News

'Overwhelmed' Romanian workers demand lower taxes

Only 69% of Romanians between 20 and 64 are employed, meaning that almost a third of the population struggles with finding work.

Europe News

Estonia threatens to block Airbnb tax-hike plan

The Baltic nation could veto long-discussed plans to charge VAT on online accommodation rentals and taxi rides.

Economy

Inheritance tax across Europe: How do the rules and rates vary?

Some 19 EU countries levy inheritance, gift or estate taxes. Due to the highly preferential tax treatment applying to transfers to close relatives, the majority of estates go untaxed. The percentage of total tax revenue derived from wealth transfer taxes is very low.

Economy

Where does the middle class pay the highest and lowest tax in Europe?

The tax burden on the middle class differs across the EU, as well as across the different income segments.

Economy

Macron speech: What economic changes should French people expect?

Among comments on France's role on the world stage, the French President announced several domestic economic measures he aims to implement as soon as possible.

Europe Decoded

Can new EU corporate tax rules make big business pay its fair share?

A landmark global deal setting a minimum corporate tax rate of 15% on multinational companies came into force in the European Union on 1 January.

Economy

Which European countries pay the least and most tax on cars?

Taxation of vehicles largely varies across Europe with environmental considerations playing a key role in some countries. Based on OECD data, Euronews Business looks at car prices before and after taxes in four different categories.

Economy

Tax transparency in Finland: Find out how much everybody earns

Authorities in the Nordic nation have opened up the books on taxable income for everyone in the country as part of an annual event.

This will impact your life

Brussels unveils new rules to support small and medium-sized companies

The European Commission revealed on Tuesday a new recovery package for Europe’s small and medium-sized enterprises (SMEs), as well as revised EU corporate taxation rules.

Europe News

MEPs accuse EU Commissioner of attempting to limit tax transparency

Members of the European Parliament (MEPs) grilled EU Finance Commissioner Mairead McGuinness on Thursday after they claimed a document sent by the bloc's executive urges EU countries to weaken their tax transparency requirements.