TaxCorporate TaxFrench to consider carbon tax

French to consider carbon tax

French government looks into report on taxing energy consumption

French president Nicolas Sarkozy

The French government will look into the possibility of a carbon tax, after
it was presented with a report this week.

Former prime minister Michel Rochard presented the report into a new carbon
tax, which will now be considered by president Sarkozy.

The tax would attempt to discourage people from energy consumption. Although
the details are not set in stone, a €32 tax per ton of carbon dioxide emitted
through fossil fuels would be levied on the transport and housing sectors.

However unions and consumer organisations have warned that people will spend
less and reduce the competitiveness of French businesses,
reported
tax-news.com
.

Related Articles

Watch out when winding up

Corporate Tax Watch out when winding up

1m Emma Rawson, ATT Technical Officer
How might Brexit affect UK tax policy?

Brexit & Economy How might Brexit affect UK tax policy?

1m Santhie Goundar
Corporation tax losses – your newly flexible friends

Corporate Tax Corporation tax losses – your newly flexible friends

3m Emma Rawson, ATT Technical Officer
HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

4m Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

4m Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

7m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

8m Alia Shoaib, Reporter