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Economy

Perceptions of tax fairness in Europe: Are the rich paying their way?

Perceptions of tax fairness are generally higher in Nordic and Western European countries, while they tend to be lower in Eastern Europe. Experts attribute this gap to the quality of public services and the tax system’s capacity to redistribute wealth.

Economy

Corporate income tax in Europe: Which countries collect the most?

The share of corporate income tax in total tax revenues and GDP varies widely across Europe, reflecting differences in national tax policies. Euronews Business takes a closer look at the shares, rates, and what they mean.

Moments

Amsterdam residents file lawsuit against city council for overtourism

Despite measures to curb tourist numbers, overnight stays increased by three per cent in 2024.

Economy

French billionaire Bernard Arnault slams wealth tax as 'deadly'

Politicians in France reacted to heated comments from the country’s richest man after Arnault called the Zucman tax a way to "destroy the French economy".

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Travel News

Aviation bodies say new Dutch airfare taxes will price out travellers

Flight taxes in the Netherlands are already among the highest in Europe.

Work

Sweden is tracking job-seekers online to crack down on public benefits fraud

The agency will soon begin contacting the 4,000 people identified by the tracking system, who are at risk of losing public benefits.

Destinations

Did Venice’s daytripper tax ease overtourism this summer?

On the busiest day, 25,000 visitors paid the daytripper fee, a striking number equivalent to over half the resident population.

Norway

Polls will show if Norway will continue to be a social welfare state or not?

The ruling centre-left bloc wants to keep it to fight inequality, while the right-wing opposition wants it scrapped. General elections will define the new system.

United Kingdom

Angela Rayner resigns as UK deputy prime minister over stamp duty row

In the UK, levies are charged on property purchases, with higher charges due on more expensive homes and second homes.

Business

Austrian police raid Labubu store in Vienna for suspected tax evasion

The tax police inspected a pop-up store in Vienna's city centre selling the hyped and much-coveted Labubu cuddly toys and found a wide range of violations of the law.

Business

Rhode Island’s ‘Taylor Swift tax’ sets off debate over second homes

Rhode Island’s new levy on €1 million-plus holiday homes—dubbed the "Taylor Swift tax”—is inspiring copycats, as policymakers hunt for cash for housing and try to curb "lights-out" neighbourhoods.

Markets

UK bank shares tumble as sector fears new tax

British banks Barclays, Lloyds and NatWest saw their share price fall following news that the UK government could implement new taxes on the sector to fill a sizeable gap in the budget.

Economy

Where in Europe are people most in favour of taxing the rich?

Nine out of ten people globally want to tax the super-rich to pay for climate action and public services, according to a recent survey. But where in Europe are people the most supportive of taxing the wealthy?

Economy

Tax revenue as a share of GDP: Which countries collect the most?

Euronews Business takes a closer look at how much tax European countries collect and what share of their national outputs it represents. Among the top five economies, France records the highest ratio, while the UK has the lowest.

Europe News

Europe to halt postal services to US after tax deal scrapped

The UK, France, Germany, Italy, Spain and other EU member states will temporarily suspend services as of next week.

Culture news

Denmark slashes 25% book sales tax in a bid to boost reading

With data showing one in four 15-year-olds struggle to understand a simple text, Denmark is scrapping its 25% VAT on books, the world's highest tax, in a effort to tackle a growing literacy crisis.

Economy

Which countries collect the most from property taxes across Europe?

Property tax policies vary across Europe. In some countries, such as the UK and France, property taxes make up a significant share of both GDP and total taxation.

Moments

All the things that could ruin your European holiday this year

Be prepared by taking out the right travel insurance, staying up to date with weather warnings, and getting your head around tourist taxes.

Business

UK alcohol duty: Is it killing European wine producers?

The UK changed the way it taxes wine in February, five months on, as one of the biggest importers in the world, how is that affecting the industry in Europe?

Travel News

Welsh tourist tax to launch in 2027 to keep native language alive

The new fee will help to fund the government’s aim to have a million Welsh speakers by 2050.