US EditionThe EU Comes Out and Wants to Impose New Taxes on Companies - Economic Scenarios
9 Articles
9 Articles
Extra tax for companies with a turnover of more than 50 million euros. The European Commission is expected to propose this next week. “It would be less interesting to invest here,” says the Confederation of Swedish Enterprise's tax expert.
The initiative, anticipated by the Ft, would affect businesses operating in Europe. In view of the record increases in consumer prices for tobacco, with excise duty which will increase...
The European Commission will present its proposal for the EU's long-term budget for 2028-2034 on Wednesday, which is expected to be designed significantly differently from the EU's previous multiannual financial framework (MFF). The proposed structure has already met with disapproval among member states and the European Parliament before it was published.
On July 16, the European Commission planned to present a new tobacco directive, establishing a tobacco tax that would contribute to the EU budget. Swedish Finance Minister Elisabeth Svantesson sharply criticized the idea, calling it "completely unacceptable." The proposal to establish a new tax was to be included in the Multiannual Financial Framework (MFF), the European Union's long-term budget plan. This framework establishes maximum amounts t…
"Rates are taxes. They feed inflation, create uncertainty and hinder economic growth," Antonio Costa said.
These three new taxes are contained in a draft decision to be presented by the executive on 16 July and to be obtained by Context. This is the third time that Brussels is trying to find a solution to the problem of repayment of debts incurred since 2020 in order to revive the post-Covid European economy. A time mentioned, a specific tax on digital services is not foreseen.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
To view factuality data please Upgrade to Premium
