World news about “Taxes” published by euronews.
Tobin tax on financial transactions – optimists vs others Not all save the world acts are created equal; take the Robin Hood Tax campaign: it has staggering credentials and people supporting it – including well-known… 26/01/2012
Cameron dubs Franco-German tax plan ‘madness’ Britain’s David Cameron has taken a swipe at Franco-German plans for a financial transaction tax in Europe, questioning the sanity of such a move. Already… 26/01/2012
Greece names its top tax evaders Greece has published a so-called “name and shame” list of tax evaders who allegedly owe the state some 14-billion euros. Well-known businessmen and… 23/01/2012
Japan’s Noda eyes tax hikes as new ministers named Japanese Prime Minister Yoshihiko Noda has replaced five members of his cabinet as he plans to push ahead with new tax hikes. Katsuya Okada, a former… 13/01/2012
Europe Weekly: Tobin or not Tobin This week our current affairs round-up concerning all things Europe takes a look at the Tobin tax. The man it is named after, economist James Tobin, said… 13/01/2012
Financial transaction tax to divide Europe? The discussions on the financial transaction tax dominated the beginning of the week – and is likely to divide Europe: Some countries like France want to… 13/01/2012
Sarkozy and Merkel hold first 2012 crisis talks German and French leaders have held their first euro crisis meeting of 2012. Among the issues discussed in Berlin by Chancellor Angela Merkel and President… 10/01/2012
France and Germany push controversial Tobin tax The idea of taxing financial transactions has resurfaced with both Paris and Berlin agreeing such a levy in the EU should be imposed. France, in… 09/01/2012
Opposition mounts to financial transaction tax German Chancellor Angela Merkel and the French President Nicolas Sarkozy insisted on Monday that they do want to press ahead with a financial transaction tax… 09/01/2012
China calls for talks on EU airline tax China has said it is deeply concerned and opposed to the European Union’s airline tax, and has called for talks to resolve the issue. The statement comes a… 05/01/2012
Tax shake-up for France The Paris government is planning to cut the amount that French companies pay in contributions to the state for health-care and pensions and make up the lost… 04/01/2012
Spanish shock at further spending cuts Spaniards have reacted with shock at the government’s additional austerity measures which will see taxes go up and wages frozen. The new centre-right… 31/12/2011
More economic pain in Spain Spain has revealed that its budget shortfall for 2011 will be bigger than expected as the new government announced tax increases on income and property as… 30/12/2011
US payroll tax break battle heats up A tax concession for 160 million US workers is in doubt because of strong opposition from Republicans in the lower house of Congress. Despite the fact that… 19/12/2011
China raises import duty on US cars China is to impose extra duties on cars imported from the United States in a move bound to ratchet up tension between Washington and Beijing. General… 15/12/2011
Greeks dying from financial despair No vessels have been entering or leaving Athens’ main port, Piraeus, frozen by strikes. With many people sinking into serious depression. A ferry ticket… 19/10/2011
Portugal’s latest cuts debated Portugal’s parliament has been getting its first official look at the 2012 draft budget as the finance minister Vitor Gashpar revealed further details of the… 17/10/2011
Cuts & taxes, a European crisis roundup Perspectives: different angles by various European TV stations on a subject that dominated the week’s news. Government cutbacks have teachers protesting… 30/09/2011
No cheer as Greeks pay more for drinks The Greek government – trying to raise more money and close the budget gap – has brought in new sales taxes from September 1. The new VAT rate of 23… 01/09/2011
Greece – honest taxpayers bear the brunt? Increasing revenue from taxes is the crux of the austerity plan put forward by Greek Prime Minister George Papandreou. The revised plan contains measures… 28/06/2011
France dumps second home tax idea The French government is to drop plans for a tax on holiday homes owned by non-residents. The move had angered French expatriates and British owners of… 20/06/2011
German utility shares slump on nuclear shut down Shares of German energy producers, RWE, E.ON, Vattenfall and EnBW, declined on Monday after the announcement that Berlin is to shut all the country’s nuclear… 30/05/2011
Greek EU/IMF bailout verdict nears European Union and International Montary Fund officials will this week decide if Greece is doing enough to bring its budget deficit under control. The main… 30/05/2011
EU corporate tax proposal worries Ireland Economically battered Ireland is wary of increasing pressure on its low corporation tax under a new Europe-wide standardisation proposal out of Brussels. Yet… 16/03/2011
UK’s Cameron vows to block EU-wide financial taxBritain is once again on a collision course with its EU partners France and Germany. This time it is the prospect of a European-wide financial transaction… 08/01/2012
Italian ski resort suffers tax crackdownAn annual salary of 22,000 euros a year won’t go far in the chic Italian ski resort of Cortina d’Ampezzo. But that’s what 42 local residents told the taxman… 05/01/2012
Italians in uproar over consumer price hikes‘Work more, earn less’ may be the mantra for many Italians this year with the country facing a new level of economic hardship. Tough austerity measures are… 02/01/2012
Swiss canton slaps new tax on trashTaking out the trash is about to get more expensive in Switzerland. The canton of Neuchatel will increase the price of rubbish bags by two Swiss francs, or… 28/12/2011
Success for Obama over US payroll taxThere has been a Christmas boost for US President Barack Obama’s bid for re-election in 2012 after he signed a law extending a payroll tax cut by two months… 24/12/2011
Europe’s top court backs EU on airline carbon taxTransatlantic turbulence lies ahead, now that all airlines flying to and from the EU will be charged for their carbon emissions from January 1. The European… 21/12/2011
New taxes spark more riots in GreeceWorkers at Greece’s biggest power company, PPC, have clashed with riot police as they protested against a new property tax in Athens. Members of the firm’s… 24/11/2011
Workers on the warpath as Greek PM fights for aidWith the Greek prime minister in Brussels fighting for the aid the country needs to avoid bankruptcy, workers at home have been on the warpath over… 21/11/2011
Australia passes controversial carbon tax lawAustralia has passed a series of landmark anti-pollution laws, imposing a tax on carbon emissions in one of the biggest reforms in a decade. The country… 08/11/2011
Tax row triggers riots in ChinaA dispute over tax has spilled out onto the streets of China, with hundreds, some say thousands, of protesters clashing with riot police. Unrest erupted in… 27/10/2011
Greece: Deputies say ‘yes’ to austerity billGreek lawmakers have given their initial approval to an austerity law, which will cut wages and raise taxes in the country. All 154 of the ruling party’s… 19/10/2011
World’s first fax tax levied in DenmarkDenmark has introduced what is believed to be the world’s first, ‘fat tax’. Pizza, meat, cheese, butter and processed foods that contain more than 2.3%… 02/10/2011
City of London slams EU transaction taxBank shares fell in London as the British government said it would resist a proposed financial transaction tax. London would be hardest hit by the levy as… 29/09/2011
Barroso on state of the EUIn his State of the Union address, European Commission President Jose Manuel Barroso took some pains to avoid the same sort of criticism he heard after the… 28/09/2011
Barroso urges economic union in face of euro crisisThe European Commission President has called for more economic integration to tackle the euro zone crisis. In his annual State of the Union address in… 28/09/2011
Barroso outlines plans for EU financial transaction taxThe European Commission President has called for more economic integration and power at European level, to tackle the crisis in the eurozone. In his State… 28/09/2011
Europe to get new tax for financial sectorEuropean stock markets opened on Wednesday awaiting details of a new EU-wide financial transaction tax due to be announced in Strasbourg. The Financial… 28/09/2011
Greek austerity measures go on, so do protestsSome protesters built a mock gallows outside the Greek parliament on Tuesday. A graphic illustration of how angry some of them are at a deeply unpopular… 28/09/2011
Obama to propose ‘millionaires’ minimum tax’President Obama has the mega-rich in his sights as he attempts to cut the US budget deficit. He is seeking a higher minimum tax rate for anyone making more… 18/09/2011
Greeks take to the streets in new wave of strikesGreek Cafes and restaurants closed their doors on Saturday in protest over a 10-point rise in VAT. The cash strapped Greek government imposed the huge rise… 10/09/2011
German city introduces prostitute ‘tax’ metersThe German city of Bonn has begun charging prostitutes a nightly rate of six euros for taking clients to special parking spaces provided by the authorities… 31/08/2011
Berlusconi drops tax hike for the richEarlier this month he said his “heart bled” at the thought of asking Italians to put their hands in their pockets. Now Silvio Berlusconi has dropped plans for… 29/08/2011
Australia plans new carbon taxAustralia unveiled plans on Sunday to tax the carbon emissions of the nation’s worst pollutors. From next year, 500 companies will pay the equivalent of… 10/07/2011
Public transport grounded as Italy goes on strikeA nationwide strike in Italy has hit public transport as well as other services. Commuters in Rome and elsewhere scrambled to find the few buses and trains… 06/05/2011
Carmakers outline Russian plans for tax breaksCarmakers have been rushing to detail their plans to build in Russia before a deadline for tax incentives ran out. Volkswagen is to make VW and Skoda cars… 28/02/2011
Australia brings in new tax to pay for floodsAustralia is slowly starting to recover from its worst floods in living memory. Homes and businesses across swathes of Queensland, the east coast and… 27/01/2011
US and China economically interdependentTheft of intellectual property through counterfeit discs like those that the Chinese authorities regularly shred in front of reporters represent just one of… 19/01/2011
Revolting witches hex Romanian governmentSuperstition is a serious business in Romania, so serious the government has decided to tax it in these austere times, and as part of a drive to slash tax… 06/01/2011
UK sales tax rises to cut deficitSales tax in Britain has just gone up to its highest ever as part of the effort to bring down the country’s huge budget deficit. VAT – or Value Added Tax –… 04/01/2011
Chinese tax incentive on small cars to endThe cost of buying a small car in China will go up in the new year. From January 1st, vehicles with an engine of 1.6 litres or less will have a 10 per cent… 28/12/2010
Japan tweaks tax codeJapan’s government has approved tax guidelines for the upcoming fiscal year starting next April. The focus is on reducing the amounts that companies have to… 16/12/2010
Obama appeals on tax cutsLooking for ways to stimulate economic growth and cut the stubbornly high unemployment rate, US President Barack Obama is urging members of Congress to… 15/12/2010
Kiev police break up protest campUkranian police have broken up a tent city of small business owners in Kiev’s Independence Square. The encampment was part of an ongoing battle over tax… 03/12/2010
Scuffles break out in Ukraine’s parliamentThe Ukrainian parliament might not have descended into the egg-pelting chaos it witnessed earlier this year, but to say its politicians got hot under the… 19/11/2010
Germany ‘expects more tax revenue’Germany is likely to collect 62.5 billion euros more in tax revenues than previously expected between 2010 and 2012. That was according to a leak of a… 02/11/2010
Cubans jump at chance to become entrepreneursFrom this week, enterprising Cubans can apply for licences allowing them to set up their own private businesses under a new tax system. It is all part of… 26/10/2010
Europe prepares noise and pollution levy on trucksEurope has agreed in principle to slap a new pollution and noise tax on heavy goods vehicles, in spite of opposition from road hauliers. A qualified majority… 15/10/2010
Romanians protest against government austerityIt is a scene that is being replicated across Europe. And just like their counterparts further west, Romania’s clerks, nurses and teachers have been feeling… 23/09/2010
UN seeks innovative ways to boost aidHow can we fund the fight against poverty within the context of the global economic crisis? Where can we find the capital to fund the Millennium… 22/09/2010
Ecofin stuck on bank tax solutionsEuropean finance ministers have given their go-ahead for a new body to supervise the finance industry which could be up and running next year. Meeting in… 07/09/2010
EU tax proposalWill Europe’s citizens ever become European taxpayers? In an interview with the Financial Times Deutschland the European Budget Commissioner has again floated… 24/08/2010
Turkey postpones fiscal reformsTurkey’s government has signalled a delay in fiscal reforms, with moves to cut the deficit not going ahead until 2012. That would give the ruling AK party… 11/08/2010
Romanian government raises VATIn life, you win some and you lose some, and consumers in Romania will soon discover the truth of that for themselves. The government is to raise VAT by… 26/06/2010
UK, France and Germany to tax banksBritain’s George Osborne was the first to actually do it, but all three of Europe’s largest economies are moving to get their bailout money back from the big… 22/06/2010
Japan facing fiscal reformThe man who is set to become Japan’s new finance minister is promising fiscal reform. Yoshihiko Noda is likely to be named by Prime Minister-elect Naoto Kan… 07/06/2010
Italy’s tax evasion commitment serious? Brussels trusts it isCutting back on spending is half the task facing Italy, the EU’s Commissioner for Economic Affairs told Euronews, yet this needs to be complemented by… 25/05/2010
Portugal steps up budget gap austerity measuresPortugal has become he latest EU country to announce addition austerity measures in an attempt to avoid a Greek-style debt crisis. Prime Minister Jose… 13/05/2010
Franco-German accord on taxing the banksGermany and France have agreed on a new bank tax to help pay for all the public money the industry has received in bail-out funds. The accord came in Berlin… 31/03/2010
France ditches CO2 taxFrance has abandoned its plans to tax carbon dioxide emissions. A law introduced last year planned to levy 17 euros per tonne of CO2 emitted. But top… 24/03/2010
VAT increases in Greece a further strain on low incomesPutting a determined face on financial recovery, Greece has brought higher V-A-T rates into force. The increase in value added tax will impact on prices of a… 15/03/2010
France ‘to tax Internet ads’France could start taxing Internet advertising revenue from online companies such as Google. That proposal, has reportedly been suggested in a… 08/01/2010
Court rejects Sarkozy carbon taxThe French government is scrambling to save its controversial new law on carbon tax after the country’s Constitutional Court annulled it. Ministers say they… 30/12/2009
France ‘will persevere’ with carbon taxOne of French President Nicolas Sarkozy’s most-trumpeted greenhouse gas initiatives has gone up in smoke, being ruled unconstitutional. A tax on… 30/12/2009
95 billion euros reeled in by Italian tax amnestyThe Italian government can’t believe their luck. As they struggle to survive economic downturn, their tax amnesty plan has provided a bumper crop with 95… 30/12/2009
Italy’s tax authority gets early ChristmasThe size of the stash of cash kept in overseas banks has long frustrated the Italian tax authorities. Now with the tax amnesty extended until April because… 24/12/2009
Banana peace declared, EU to lower tariffsSixteen years of transatlantic banana tariff-splitting draws to a close. The EU, the US (with major distributor interest) and Latin American, African and… 15/12/2009
France denies paying for stolen dataFrance has denied that it paid for what is claimed to be stolen information on suspected tax evaders with Swiss bank accounts. It comes after newspaper… 09/12/2009
UK government promises more spending savingsTrying to slash Britain’s ballooning budget deficit, Prime Minister Gordon Brown has revealed plans for an additional three billion pounds (3.3 billion euros)… 07/12/2009
Netherlands to charge road tax by the kilometreThe Netherlands has said it is to scrap all road and vehicle tax by 2012 and replace it with a ‘green’ charge based on the distance driven. The government… 14/11/2009
Liechtenstein removed from tax haven watchlistLiechtenstein has been taken off an international watchlist of tax havens after signing agreements to cooperate with foreign countries in tax matters. The… 11/11/2009
Merkel hopes tax cuts will spur growthThe new German government has laid out its agenda for the future, with a wide-ranging but somewhat vague plan to rescue Europe’s biggest economy. Two weeks… 10/11/2009
Consumer confidence gloomy in the USConsumer confidence in the US is gloomy as people face the worst job market in a quarter of a century. The fall in the Consumer Confidence Index was… 27/10/2009
Merkel defends tax cuts as a remedy for recessionAngela Merkel has been defending her new government’s plans to cut taxes as a way to revive the economy. The German chancellor has acknowledged it is a… 26/10/2009
German coalition talks near consensusThe German Chancellor Angela Merkel’s CDU conservatives and the pro-business Free Democrats appear to have bridged their differences on tax cuts and now look… 19/10/2009
Italy gives go-ahead to controversial tax amnestyItaly’s lower house of parliament has approved a tax amnesty on undeclared overseas funds after the government called for a vote of confidence on the bill… 01/10/2009
Switzerland off the tax haven listSwitzerland is to removed from the OECD’s “grey list” of countries accused of being tax havens, as the alpine nation has signed a sufficient number of new… 25/09/2009
Sarkozy launches green tax planThe French Government has launched plans for a carbon tax in a bid to encourage industry and household to cut energy consumption. The move will mean a… 10/09/2009
Swiss give France suspect bank account detailsJust days after striking a deal with France on banking secrecy Switzerland has handed over thousands of account details to French tax investigators. It… 31/08/2009
France and Switzerland sign tax dealFrance has signed a tax deal with Switzerland to gain banking information upon request. The agreement, which will come into effect at the beginning of… 28/08/2009
US and Swiss bank giant UBS seek to delay tax trialThe US government and UBS have asked for a delay to a trial that could see Switzerland’s centuries old tradition of banking secrecy cracked open. … 13/07/2009
Ending mobile “roaming rip-offs”It’s summer, which used to be a boom time for the mobile phone companies as people use their mobiles while on holiday. But now the European Commission has… 06/07/2009
German bad banks plan approved in BudesratGermany’s lower house of parliament today approved the country’s “bad banks” plan in a bid to end the worst German recession since the second world war… 03/07/2009
France cuts food taxThe government in France is hoping a move to cut taxes for restaurants and cafes will help boost business and create jobs. After years of lobbying by… 02/07/2009
IMF warns France on fiscal debtThe International Monetary Fund has warned France of rising fiscal debts because of the recession and falling tax revenues. It has called on France to create… 29/06/2009
Luxembourg and Liechtenstein move on tax evasionLuxembourg and Liechtenstein are moving closer to reaching agreement on implementing international tax standards. The two countries say that by the end of… 22/05/2009
UK justice minister steps downThe UK’s parliamentary expenses scandal has forced a member of the government to step down, the highest profile casualty of the affair so far. Shahid Malik… 15/05/2009
