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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.

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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.

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.

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.