US EditionBrussels Reportedly Considering Slapping Extraordinary Tax on Arms Giants
4 Articles
4 Articles
Billions are flowing into Europe's armaments – and with them profits are increasing. But now there is increasing pressure to tax corporations more strongly and to distribute profits fairly.
The EU states are massively arming up, the weapons companies are making fabulous profits. How can we prevent the billions from landing directly in the pockets of shareholders? Three ideas are circulating in Brussels.
Brussels reportedly considering slapping extraordinary tax on arms giants
The Corner Intermoney | The German media Spiegel published a report on Monday in which they mentioned that Brussels is considering imposing some kind of measure on arms giants to prevent billions of euros of public money being invested from ending up directly in the pockets of shareholders. These measures could range from taxes on extraordinary profits to partial nationalisations of the companies or stricter contracts with fixed prices. The Germ…
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