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The EU member states taking part in the proposed EU financial transactions tax will decide next month whether or not to proceed with the controversial tax, according to Austrian Finance Minister Hans Joerg Schelling. Read Full Story
Erste Group, one of the largest financial institutions in Central and Eastern Europe, has said its bank tax payments almost tripled in 2016 as a result of a change to Austrian tax law. Read Full Story
Sweden's competition authority has warned that proposals for a financial activities tax would place the country's financial services sector at a competitive disadvantage. Read Full Story
A new report has recommended a rethink on how the European Union is funded, proposing the use of either revenues from carbon tax, a common corporate income tax, or from value-added tax, as currently, but under reformed arrangements. Read Full Story
The French National Assembly has approved the Government's Budget for 2017. Read Full Story
Belgian pension funds have urged the Government to withdraw from the proposed European Union financial transaction tax, warning that the tax could "devastate" the industry. Read Full Story
French deputies have voted in favor of an amendment to the draft 2017 Budget that will increase the country's tax on financial transactions and expand the tax's scope. Read Full Story
The Netherlands' ruling VDD Party has said that it would seek to cut corporate tax for all companies if it retains power in the upcoming parliamentary elections. Read Full Story
The Democratic Party platform for the 2016 presidential election includes provisions to ensure that "the wealthiest Americans and largest corporations must pay their fair share of taxes." Read Full Story
Austrian Finance Minister Joerg Schelling has revealed that plans to introduce a tax on certain financial transactions in the EU are close to being shelved, unless the member states involved in the discussions can come to an agreement by the end of the month. Read Full Story
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