✉news WorldEU Politics first seen 6 d ago, last 6 d ago, peak #29
EU Budget Draft Retains Business Tax, Adjusts Carbon Levies
Original: EU Budget Draft Keeps Business Tax, Tweaks Carbon Levies
A draft of the European Union budget keeps the proposed tax on businesses while making adjustments to carbon levy provisions. The changes suggest EU negotiators are seeking to protect revenue from corporate taxation while softening or refining the design of climate-related levies. Attention now turns to how member states and the European Parliament respond to the revised proposals in upcoming budget negotiations.
Why now: The draft's mix of preserving business taxes and altering carbon levies affects member state finances and climate policy, prompting debate.
Evidence
- EU Budget Draft Keeps Business Tax, Tweaks Carbon Levies · Law360
- EU Budget Draft Keeps Business Tax, Tweaks Carbon Levies · Law360
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