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Green News

‘Tax the mega rich’: Who could foot the COP29 climate bill?

“It makes common sense to tax mega polluters and the mega-rich to ensure that we have the money needed for climate action at home and globally” according to one campaigner.

Economy

G20 billionaire wealth tax plans face resistance

G20 leaders are meeting in Brazil on Monday and Tuesday to agree on a global tax on the world’s 3,300 richest individuals, which could raise up to $250 billion.

Travel News

Where in Europe has the highest - and lowest - air passenger taxes?

French pilots are calling for a strike over rising taxes. But what do air passenger taxes mean for your wallet?

Culture news

Luc Besson in favour of government’s higher taxes for wealthiest

The filmmaker behind films like 'Leon' and 'The Fifth Element' states that he is in favour of the French government’s announcement regarding a “temporary and exceptional contribution” for the wealthiest households. “Shame on those rich people" he said of those who opposed the measure.

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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

EU to hike VAT on Airbnb, Uber after Estonia drops veto

The Baltic nation had repeatedly blocked an attempt to impose up to 25% value-added tax on online platforms offering short-term rentals and ridesharing.

EuroVerify

Fact check: Does Monaco pay zero taxes?

Social media posts claim that Monaco has much better-maintained streets compared to neighbouring France despite charging no taxes.

Economy

French lawmakers vote in favour of new tax on wealth of billionaires

A majority of lawmakers supported the proposition from the far-left LFI party, despite warnings from the incumbent government.

Green News

Fossil fuel company car subsidies cost EU taxpayers €42bn a year

Subsidies for petrol and diesel company cars cost EU taxpayers €42bn a year, study finds.

Economy

Fancy a beer? Where in Europe will you have to pay the most tax on it?

The EU requires member states to levy a minimum excise duty on beer but the majority of countries actually charge more.

Living

Frequent flyer tax would punish the rich to tune of €64bn per year

A levy would keep flights cheap for occasional flyers while making multiple flights in a year much more expensive.

Business

‘Jet set’ tax call for Europe’s frequent flyers could raise billions

A UK-based think tank has called for a frequent flyer tax which could potentially raise billions of Euros. The New Economics Foundation (NEF) says the plans would apply to air passengers across Europe.

Economy

Italy's budget 2025: Breaks for low-income earners and bank levy

Presenting next year's budget, the Italian government seeks to honour election promises while also satisfying EU demands.

Economy

The Portuguese government tries to tempt the under 35s with tax breaks

The country’s centre-right government is set to slash taxes for people aged 35 and under in a measure aimed at dissuading them from emigrating and also encouraging foreigners to settle in Portugal.

Business

Where in Europe are the highest and lowest property taxes?

Central and eastern European countries top the list for property investment, according to a new report.

Europe News

Truck drivers in Alsace protest against proposed new tax

The new tax comes at a cost of 15 cents per kilometre for heavy goods lorry drivers.

Economy

Dutch leaders under fire over VAT plans for books and cultural events

The proposed tax hike will also apply to concert tickets, sports events, and newspapers, in a blow to the country's cultural sector.

Business

France mulls business tax hikes: What does it mean for investors?

The new levy, if accepted by parliament, could cost more than one-fourth of the expected growth in earnings for the biggest companies traded on the French stock exchange, according to a report.

France

Immigration, taxes, Ukraine: French PM policy plan's main takeaways

New French Prime Minister Michel Barnier laid out his policy plans in a speech delivered to the nation’s parliament on Tuesday. Euronews examines his top priorities.

Economy

Dublin unveils bumper budget with tax cuts and higher wages

Irish politicians have presented a generous new budget this afternoon, despite concerns about inflation risks and fiscal security.