carbon tax News

German Cabinet Agrees Hike To Carbon Taxes

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 20, 2020, the German Cabinet agreed on new regulations that will set higher carbon prices from 2021 than those originally envisaged in the Government's Climate Protection Program, which was partially approved by parliament in November 2019. Read Full Story

Finland Considers COVID-19 Tax Increases

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, May 28, 2020

On May 8, 2020, the Finnish Government published a report which explores the economic and fiscal consequences of the COVID-19 pandemic for Finland and considers what taxes could be increased to help restore the public finances. Read Full Story

South Africa Details New COVID-19 Tax Measures

by Robert Lee, Tax-News.com, London

Friday, May 1, 2020

On April 23, 2020, the National Treasury of South Africa provided further details of the additional COVID-19 tax support measures first announced by President Cyril Ramaphosa on April 21. Read Full Story

Austria Launches Task Force On Environmental Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Tuesday, March 3, 2020

Austrian Finance Minister Gernot Blumel has announced the launch of a task force to carry forward the Government's proposed environmental tax reforms. Read Full Story

Austria Announces Personal Income Tax Cuts

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, February 6, 2020

The Austrian Ministry of Finance has announced its decision to proceed with personal income tax cuts. Read Full Story

New Austrian Government Agrees On Tax Reforms

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, January 15, 2020

The new Austrian coalition government, consisting of the conservative People's Party and the Green Party, has agreed on a program for government, which includes several significant tax measures. Read Full Story

German Lawmakers Agree Climate Package

by Ulrika Lomas, Tax-News.com, Brussels

Monday, December 23, 2019

On December 18, 2019, the mediation committee of the lower and upper houses of the German parliament (Bundestag and Bundesrat) announced an agreement on the Government's climate legislation, which includes several tax measures. Read Full Story

Switzerland, EU To Link Emissions Trading Systems

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 15, 2019

Switzerland and the EU are to link their emissions trading systems from next year, after the Swiss Federal Council approved revisions to the country's Ordinance on the Reduction of CO2 Emissions. Read Full Story

German Government Approves Climate Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, October 4, 2019

On October 1, 2019, the German Federal Cabinet approved financing of EUR54bn (USD59bn) for the Climate Protection Program 2030, which includes the introduction of carbon pricing, as well as other tax measures intended to encourage the use of cleaner forms of transport. Read Full Story

Germany Proposes Climate Change Tax Plan

by Ulrika Lomas, Tax-News.com, Brussels

Friday, September 20, 2019

On September 16, 2019, the German conservative parties, the Christian Democrats and the Christian Social Union, published a report calling for reform of environmental taxes and levies to help Germany achieve its emissions reductions targets. Read Full Story

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