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Economy

French government mulls tax increase for large companies

The executive is reportedly examining a range of plans to reduce the public deficit, including a temporary tax on companies making more than €1 billion per year.

Economy

Where are Europe's tax havens - and how are they luring in the rich?

Hungry for investment, countries in Europe are competing to attract and retain the wealthy. Euronews Business explores the tax perks on offer, along with the pushbacks against them.

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

Sour taste for sweet eaters and smokers as Slovak price hikes approved

Slovakia's parliament passes new law to increase the price of sugary drinks and tobacco products in order to help cut the country's budget deficit.

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Economy

French PM Barnier signals intention to raise taxes for the wealthy

"The French people want and need tax justice," Michel Barnier noted after his recent appointment, looking for ways to plug France's budget deficit.

Green News

Calls to tax super-rich for climate are gaining momentum

The carbon emissions of the world's richest 1 per cent are thought to be the same as poorest two thirds of humanity.

Economy

Barnier faces crumbling support amid tax hike rumours

France's new Prime Minister Michel Barnier has said that the country's budget is in a "very serious" situation.

Europe News

Apple, Ireland lose €13bn tax deal case in victory for EU's 'tax lady'

Low tax bills paid by the tech giant were an unlawful subsidy, EU judges ruled, in a move which EU Competition Commissioner Margrethe Vestager hailed as a 'big win' for tax justice.

Travel News

Why is New Zealand tripling its tourist tax?

Tourism bodies say the 'incredibly expensive' new fee could deter visitors.

Business

Kurt Geiger urges Labour to bring back tax-free shopping for tourists

The UK government stopped tax-free shopping for tourists in January 2021, following the country's decision to leave the European Union and as it tried to tackle the country's parlous financial state.

Business

Ryanair boosts Belfast flights and cuts Berlin capacity

The Irish airline will increase available seats between London and Belfast this Christmas to compensate for a flight cap at Dublin airport.

Climate

Money talks when it comes to effective climate policies, study finds

An extensive new analysis of the world’s climate policies shows their limitations and which ones really work.

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.

Economy

Why Trump and Harris' proposals to end taxes on tips could be tricky

Former President Donald Trump and Vice President Kamala Harris agree on one thing, at least: Both say they want to eliminate federal taxes on workers’ tips.

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.

Green News

‘Cruisezilla 2050’ could make Titanic look like a ‘fishing boat’

Despite carrying 36 million passengers a year, cruise ships are currently exempt from fuel duties and most consumer taxes.

Economy

Italy doubles 'billionaires' tax on wealthy new arrivals

Locals had criticised the previous tax rules after rich expats buying property in Italy sent house prices spiking.

Europe News

German tax break proposal for foreigners sparks uproar

The proposed plan is aimed at dealing with major shortage in skilled labour caused by an aging population.

Green News

Brazil’s tax on the super-rich could be key in climate fight

Though the G20 has agreed in theory, disagreements over a viable plan are bubbling under the surface.

Business

Private equity bosses ponder leaving UK over Labour tax rise fears

Labour’s plans to close the “carrying interest” private equity sector loophole has led to several funds and executives considering moves to countries with more beneficial tax regimes, such as Italy and Spain.