Aug 19, 2010
The German Government is delaying its controversial nuclear power tax proposal, with Chancellor Angela Merkel indicating that a different option could be investigated to replace the levy. Debate has arisen over continued delays to a contentious plan by the German Government to instate a new tax on nuclear power plant operators, which is intended to [...]
The German Government is delaying its controversial nuclear power tax proposal, with Chancellor Angela Merkel indicating that a different option could be investigated to replace the levy.
Debate has arisen over continued delays to a contentious plan by the German Government to instate a new tax on nuclear power plant operators, which is intended to raise an additional EUR 2.3 billion to ease the nation’s budget deficit. The Government had previously promised to finalize a proposal for the new tax by September, but ... Read More
Aug 11, 2010
The European Union will soon attempt to extend its revenue raising powers by imposing new taxes directly within all of its member states. Janusz Lewandowski, Budget Commissioner of the European Union (EU), revealed on August 9th, that a new proposal will be released in September, outlining a series of new “eurotaxes”. Initially, the EU will [...]
The European Union will soon attempt to extend its revenue raising powers by imposing new taxes directly within all of its member states.
Janusz Lewandowski, Budget Commissioner of the European Union (EU), revealed on August 9th, that a new proposal will be released in September, outlining a series of new “eurotaxes”. Initially, the EU will suggest the implementation of a uniform tax on air travel, and selected inter-bank transactions. A pan-Europe Carbon Tax will eventually be mooted, if the first two levies prove ... Read More
May 21, 2010
The Government of Germany and the Government of Canada are initiating separate international bank tax campaigns, although, the two nations are pursuing for opposing views. Ahead of the upcoming June G20 Summit in Toronto, Canada, the German and Canadian Governments are increasing efforts in swaying international Governments towards their views on the proposed introduction of [...]
The Government of Germany and the Government of Canada are initiating separate international bank tax campaigns, although, the two nations are pursuing for opposing views.
Ahead of the upcoming June G20 Summit in Toronto, Canada, the German and Canadian Governments are increasing efforts in swaying international Governments towards their views on the proposed introduction of an international bank tax system. At a conference on new financial regulations held in Berlin on May 20th, German Chancellor Angela Merkel stated "We will campaign for a ... Read More
May 7, 2010
The German Government has publicized its new tax revenue projections, showing a EUR 1.2 billion drop in collections. The new figures throw further doubts on feasibility of Chancellor Angela Merkel’s promised cuts to personal income taxes. On May 6th the Finance Ministry of Germany released new projections for the country’s current year tax revenues, along [...]
The German Government has publicized its new tax revenue projections, showing a EUR 1.2 billion drop in collections. The new figures throw further doubts on feasibility of Chancellor Angela Merkel’s promised cuts to personal income taxes.
On May 6th the Finance Ministry of Germany released new projections for the country’s current year tax revenues, along with early tax revenue estimates for the next three year. In 2010 the German Government expects to collect approximately EUR 510.3 billion, nearly EUR 1.2 billion below previous ... Read More
