Powerful emerging market economies could be hit by a proposed EU carbon tax
on imported goods.
The proposal has created huge divisions within the EU. Trade Commissioner
Peter Mandelson said the proposal could fall foul of the World Trade
Organisation. Stavros Dimas, the Environment Commissioner is working hard to
push the policy through
Europe is committed to reducing emissions by 20% by 2020, but the EU Trade
Commissioner’s office said introducing a carbon tax on imports would be ‘too
complicated’ and would create problems with countries such as the US, which had
not signed the Kyoto Protocol on climate change.
Does Darwin's theory apply to taxation? Colin ponders...
The UK tax gap fell in 2014-15 to its lowest-ever level of 6.5%, revealed official statistics published today
Changes to the tax system is urged to support the growth of entrepreneurs, found a report from the Grant Thornton UK, the Institute of Directors, and the Prelude Group
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states