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energy News

Global Energy Tax Regimes Falling Severely Short: OECD

by Ulrika Lomas,, Brussels

Wednesday, February 14, 2018

The OECD has released a new report analyzing energy use and tax regimes in 42 countries, which make up 80 percent of global energy use. The report calls on governments to adopt more effective use of taxes to cut harmful emissions from energy use. Read Full Story


Norway Defends Oil Tax Regime

by Ulrika Lomas,, Brussels

Wednesday, February 14, 2018

The Norwegian Government has defended its tax regime for oil exploration against a complaint that it breaches European Economic Area state aid rules. Read Full Story


Singaporean Emitters Seek Progressive Carbon Tax Regime

Mary Swire,, Hong Kong

Friday, February 2, 2018

Singapore is engaging businesses on tweaking the design of its new carbon tax, which is proposed to be in place by 2019. Read Full Story


US Slaps 'America First' Duties On Foreign Solar Goods, Washers

Mike Godfrey,, Washington

Wednesday, January 24, 2018

US President Donald Trump has approved safeguard tariffs on imported large residential washing machines and imported solar cells and modules. Read Full Story


EU Ratifies Swiss Deal To Link Emissions Trading Schemes

by Ulrika Lomas,, Brussels

Wednesday, January 24, 2018

At its meeting on January 22, the EU Council ratified a law to link the bloc's emissions trading system with Switzerland's. Ratification of the agreement with Switzerland concludes what has been an eight-year process for the EU. Read Full Story


Lithuania Enacts Corporate Tax And VAT Changes

by Ulrika Lomas,, Brussels

Wednesday, January 17, 2018

Enhanced corporate tax incentives and certain changes to value-added tax rules have been introduced in Lithuania as part of the 2018 Budget, approved by parliament in December. Read Full Story


EDF Dealt Billion Dollar Blow In Latest EU Tax Court Ruling

by Ulrika Lomas,, Brussels

Tuesday, January 16, 2018

The General Court of the European Union has ruled that EDF, the energy company, was right to repay unlawful state aid granted to it by the French state, bringing to a close a long-running case dating back to 2003. Read Full Story


Vietnamese Tax Policy Overhaul Needed For 'Greener' Growth

by Mary Swire,, Hong Kong

Monday, January 15, 2018

The International Monetary Fund has said that Vietnam needs to overhaul its environmental tax policies to achieve its emissions-reduction goals. Read Full Story


UK Lawmakers Discuss Potential Post-Brexit Free Zones

by Jason Gorringe,, London

Wednesday, January 10, 2018

During a January 7, 2018, debate in the UK House of Commons, UK lawmakers discussed the country's plans to leave the EU, its customs union, and value-added tax area. Read Full Story


American Firms In Kosovo Laud New Tax Perks

by Mike Godfrey,, Washington

Tuesday, January 9, 2018

The American Chamber of Commerce in Kosovo (AmCham Kosovo) has praised Kosovo for suspending customs duties and excise taxes on certain inputs for local manufacturers. Read Full Story



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