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Belgium

Brussels to clamp down on imported polluting goods at EU borders

The EU have provisionally agreed on a scheme that will encourage the EU's trading partners to de-carbonise their industries and meet Brussels' industrial standards. The deal will generate billions of euros in taxes for Brussels' general budget.

New Zealand

Farmers in New Zealand seethe over proposed 'fart tax'

The levy hopes to contribute to the goal of being climate neutral by 2050 and reducing methane emissions by 10 per cent by 2030.

USA

US Supreme Court paves way for Congress to see Trump tax returns

The US Supreme Court has rejected ex-President Trump's request to block the Treasury Department from handing over his tax returns to a congressional committee.

Health news

For sake’s sake: Why Japan is urging people to drink more alcohol

The Japanese government has launched a national brainstorming campaign to boost the popularity of alcoholic drinks among young adults after a drop in tax revenues.

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Anti-government protesters block Budapest road

Anti-government demonstrators in Hungary blocked one of the capital's main thoroughfares during morning rush-hour traffic Monday, the latest in a series of protests against recent changes to the country's tax code that have carried on for nearly a week.

Switzerland

Oxfam's call to governments ahead of Davos: Tax the rich

The international charity has called for a small increase to taxation of the world's wealthiest which, it says, could help mitigate rising levels of poverty the world over.

Earth News

What are European governments doing to reduce fuel costs?

Countries are cutting fuel taxes to try and cope with price hikes but not everyone believes it is the best way to go.

World News

EU auditor: Fossil fuels get more tax breaks than renewables

As part of the “European Green Deal," the EU has committed to cutting greenhouse gas emissions by at least 55% by 2030 compared with 1990 levels.

United Kingdom

UK government unveils budget for 'post-COVID economy'

The Chancellor of the Exchequer said that "this budget is focused on investment and a more innovative and skilled economy," but the opposition has railed against tax cuts for banks and short-haul flights.

Tech News

What is the global minimum tax deal and what will it mean?

In a momentous decision, 130 countries have agreed to set a global minimum on corporate tax at 15 per cent. But what does that mean in practice?

Europe News

EU removes Seychelles from tax blacklist despite Pandora Papers

The latest update of the EU list of "non-cooperative jurisdictions" has exempted Seychelles, Anguilla and Dominica from being blacklisted.

World News

Euroviews. The real reasons Ireland is against a 15% corporate tax rate | View

The arguments of the Irish government to oppose a global effort to reform the tax system are not convincing and might push Ireland farther away from the EU, argues Trinity's Dr Jim Charles Stewart.

World News

Biden: G7 'extraordinary, collaborative and productive meeting'

Biden on Sunday praised agreements to combat COVID-19, face climate change and on corporate global tax

Economy

Brussels unveils new tax agenda ahead of crucial G20 meeting in July

G20 finance ministers are seeking an agreement on a minimum global corporate tax following years of negotiations in the OECD and a new push by US President Joe Biden.

World News

Amazon’s retail arm paid no corporation tax in Luxembourg last year

Amazon paid zero corporation tax in Luxembourg last year, despite seeing a record sales income of €44 billion.

Europe News

Low-tax EU states 'may be pressured' over minimum global corporate tax

US President Joe Biden's proposal for a minimum global corporate tax could cause division among EU member states.

Europe News

EU member states push forward with new tax transparency rules

A majority of EU states agreed last week to press ahead with tax transparency laws for the world's largest multinational companies.

My Europe Series

Why doesn't the EU consider Luxembourg a tax haven?

The tiny Grand Duchy has been accused of being a tax haven after the OpenLux investigation revealed the country hosts 55,000 offshore companies.

USA

'Fake news': Trump rejects NY Times claims about his tax returns

US President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times.

United Kingdom

UK taxman trebles number of probes into professional footballers

HRMC is currently investigating 246 professional football players, up from 87 in the 2018/2019 season, according to an accountancy firm.