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Stories that are tagged 'environmental tax'

Climate Change Committee Pressures UK On Carbon Change Commitments
4/11/2012
A new report from the Committee on Climate Change urges the United Kingdom government to include the aviation and maritime sectors within ambitious emissions targets agreed for 2050.
Virgin Australia Announces Carbon Tax Surcharges
2/28/2012
Virgin Australia has outlined the surcharges it will add to flight prices in response to new Australian and European Union carbon pricing schemes.
CBI Issues UK Budget Wishlist
2/27/2012
Changes to the UK's tax system could help generate investment and stimulate growth, the Confederation of British Industry argues in its 2012 Budget submission.
China 'Bans' Airlines From EU Carbon Tax Scheme
2/8/2012
The Chinese government has effectively banned Chinese airlines from participating in the European Union's Emissions Trading Scheme, which was extended on January 1, 2012 to flights using EU airspace.
Belgium Urged To Cut Labour Taxes
2/3/2012
The International Monetary Fund has welcomed spending cuts implemented by Belgium to bring the nation's deficit to below 3% of Gross Domestic Product by 2012, but has urged authorities to undertake comprehensive tax reform to boost employment and growth prospects.
Tax Stymies Indian Aviation Sector
2/2/2012
Changes to India's tax policy on the aviation sector are paramount to securing the massive investment required to establish India as one of the top five civil aviation markets in the world, which is the government's goal.
South Africa Introduces Waste Tyre Levy
1/20/2012
Under South Africa’s new Integrated Industry Waste Tyre Management Plan, a recycling levy will be charged on the purchase price of new tyres, with effect from February 1, 2012.
OECD Comments On Chilean Taxes
1/20/2012
The Organisation for Economic Cooperation and Development has released a report warning the government of the importance of addressing the nation's wealth gap as the country's decision-makers gears up to deliver significant tax reform.
Ryanair Snubs Ireland Over Tax
1/19/2012
Irish airline Ryanair, Europe's largest budget airline, is to create 1,000 new jobs but not in Ireland, with the country's tax regime thought to be to blame.
Hong Kong Consults On Waste Disposal Charges
1/16/2012
On January 10, 2012, Hong Kong’s Environmental Protection Department announced the launching of a consultation on whether or not the government should introduce charging for the disposal of municipal solid waste, in an effort to reduce its generation.
French Customs Reaps Billions For State Coffers
12/15/2011
The French budget ministry has recently announced that the country’s customs administration collected a total of EUR62bn (USD81.5bn) in taxes and excise duties in 2010.
Japan Agrees On 2012 Tax Proposals
12/13/2011
After reaching an agreement with its colleagues in the ruling Democratic Party of Japan, the Japanese government is readying its tax proposals for the next fiscal year from April 2012.
Australia Passes Clean Energy Legislation
11/14/2011
On November 8, the multiple Bills comprising the Clean Energy legislative package were passed into law by the Australian Senate, a package that will force about 500 of the country’s biggest polluters to pay a levy of AUD23 (USD23) for each tonne of carbon dioxide they emit.
US Works To Halt EU Air Tax
10/26/2011
A bipartisan United States Congressional delegation met on October 21 with the International Civil Aviation Organization (ICAO) regarding US opposition to the emissions trading scheme to be introduced by the European Union.
Jersey's 2012 Budget Published
9/27/2011
Jersey's 2012 Budget, published on September 23, contains numerous measures to boost tax revenues and support lower-income workers as part of the government's efforts to tackle the territory's deficit.
Australia Releases New Carbon Price Modelling
9/26/2011
The Australian government has released updated modelling of the impact of a carbon price, which it says confirms Australia's economy will continue to grow strongly at the same time as pollution is cut, although the estimates were dismissed as 'worthless' by the opposition Liberal Party.
Finland's 2012 Budget Shifts Taxation Focus
9/19/2011
Finland’s government has unveiled details of its 2012 budget proposal, providing for cuts in expenditure of around EUR1.1bn (USD1.5bn), and for a raft of fiscal measures aimed at shifting the focus in taxation away from labour and entrepreneurship, towards environmental and health-based taxation.
Emirates Expects USD1bn EU Carbon Tax Bill
8/9/2011
UAE-based airline Emirates expects to see costs of up to USD1bn imposed on it by the European Union's plans to include airlines in its Emissions Trading Scheme from next year.
UK To Increase Reliance On Environmental Taxes
8/5/2011
As part of its drive for green growth in the UK, the government is to utilize environmental taxes to a greater extent, according to a new report.
Australian Tax Forum Discussion Paper Released
8/3/2011
The Australian government has released a discussion paper to inform public debate on priorities and directions for continuing tax reform in the lead-up to the proposed Tax Forum being held in October.
Virgin Calls For Short-Haul APD Hike
7/28/2011
The UK government has been urged by airline Virgin Atlantic to consider addressing the disparity between the taxation of short-haul and long-haul flights under the UK's Air Passenger Duty regime.
Report Slams UK Approach To Environmental Tax
7/11/2011
The UK is sending the wrong signals to taxpayers with its current environmental tax regime, which appears to be used largely as a revenue raising tool, according to a committee of MPs.
French Eco Tax Back On Track
6/29/2011
Ending months of uncertainty, France’s State Council has recently ruled in favour of the government’s decision to award its thirteen-year heavy goods tax contract to an Italian firm. Conclusion of the deal puts the government’s eco tax back on track.
Australian Car Makers Want Carbon Tax Compensation
6/29/2011
Car manufacturers in Australia are looking for some sort of compensation for the country’s proposed carbon tax, with the chief executive of one of the large automotive producers saying that there is the need for a government co-investment.
Trans-Tasman Carbon Scheme Studied
6/22/2011
During a visit to Australia by John Key, New Zealand Prime Minister, Julia Gillard, Australian Prime Minister announced that government officials would be working with their counterparts in New Zealand to study whether the two countries’ emissions trading schemes can be linked.
Australian Small Businesses Fear Carbon Tax
6/17/2011
Australia's largest business organization, the Australian Chamber of Commerce and Industry, says the modelling just released by the coal industry indicates some 14,100 non-coal jobs could be lost with the adoption of a carbon tax.
Green Taxes Hit UK Energy Bills
6/9/2011
Green taxes now make up roughly one fifth of the UK's yearly household gas and electricity bills, according to figures recently released by a think tank.
Australian Climate Adviser Urges Carbon Pricing
6/6/2011
Ross Garnaut, the Australian government’s climate adviser, has submitted his final report to the government, and in the report he calls for urgent action to implement a carbon pricing scheme which it has been estimated should raise AUD11.5bn (USD12.3bn) in its first year.
OECD Consults On Emissions Trading Programmes
6/2/2011
The use of emissions trading programmes to combat climate change present potential tax treaty issues, to which the Organisation for Economic Cooperation and Development has responded with a draft analysis, now available for public consultation.
Italy Must Simplify Tax System, Says IMF
5/12/2011
Italy is labouring under chronically weak growth performance, with structural reforms, fiscal consolidation and a simplified tax system all potential remedies, according to the latest International Monetary Fund findings.
OECD Makes Tax Recommendations For France
4/12/2011
In a new economic survey, the Organization for Economic Co-operation has stressed that although a moderate recovery is underway, France ought to strengthen its budgetary framework and render its tax structure more conducive to growth.
ECJ Rules Against Romanian Pollution Tax
4/12/2011
The European Court of Justice has ruled in favour of a Romanian taxpayer in a long-running legal dispute over Romania’s pollution tax, levied on vehicles’ first registration in the country.
UK Reviews Air Passenger Tax
3/31/2011
The UK government has announced a consultation to review the country’s unpopular Air Passenger Duty with a view to introducing a 'fairer' way of encouraging the aviation industry to cut its carbon emissions.
Australian Productivity Commission Mulls Carbon Tax
3/29/2011
Gary Banks, Chairman of the Productivity Commission, has outlined some of his thoughts on the proposed carbon tax to be introduced in Australia in the not too distant future and the report that the Commission is currently working on.
South Africa Looking To Finalize Carbon Tax
3/17/2011
South Africa’s government is looking to have a revised paper on its proposed carbon tax ready before the 2012 budget is tabled next February, while the tax could be in force as early as July 2012.
French Audit Body Inspired By German Taxes
3/9/2011
In its report comparing the French and German tax systems, submitted to French President Nicolas Sarkozy recently, the French Court of Auditors advocated a reduction in the taxation of work in France in return for a rise in value-added tax and environmental taxes.
Indian Coal Tax To Fund Clean Energy
2/23/2011
The Indian Finance Ministry is looking at using some of the INR25bn (USD555m) revenue raised from its coal tax to invest in new power transmission lines which would distribute power from clean energy projects.
Australia's Carbon Tax Policies Attacked
2/14/2011
The policies that are most effective in driving down greenhouse gas emissions actually raise revenue rather than cost the budget money, according to a report just published by the Australia Institute.
IoM Mulls Vehicle Duty Changes
1/11/2011
The Isle of Man government has published responses to the consultation it held on the implementation of The 2010 Vehicle Duty Order, which introduced higher rates of duty on vehicles in general, but also greater taxation on high polluting ones.
EU To Link ETS With Switzerland
12/22/2010
The European Union is to open negotiations with the Swiss government for a link between the EU and the Swiss greenhouse gas emissions trading systems.
Japanese Eco Taxes Poised For 2011 Introduction
12/10/2010
Japan’s tax commission looks set to propose an environmental tax for introduction from October 2011, to be imposed on petroleum, natural gas, and coal, as part of government efforts to curb the use of polluting fossil fuels.
UK Delays Carbon Reduction Scheme
11/19/2010
The UK government has announced changes to its proposed Carbon Reduction Commitment scheme after listening to concerns from the business community.
Russia Hints At Tax Break For Aviation Biofuel
11/11/2010
Tax breaks on aviation biofuel made from sawdust to power aircraft is a real possibility for Russia, deputy transport minister Valery Okulov announced in anticipation of the IATA decision on aviation biofuels, expected in 2011.
Austria Agrees To Bank Levy
11/3/2010
During a recent two-day budgetary meeting in Loipersdorf, Austria’s ruling coalition government finally united on plans for a tax and savings package for next year.
China's Car Tax Goes Green
10/27/2010
China's Standing Committee of the 11th National People's Congress has convened to review a draft law on vehicle and vessel taxation.
Brussels Mulls EU Taxes
10/22/2010
In its recently published budget review, the European Commission highlights the growing need to generate new own resources for the European Union budget, and suggests, for example, the introduction of a financial transaction or financial activities tax - or even the introduction of a European value-added tax.
Germany's Flight Ticket Tax Opposed
10/20/2010
Within the ranks of Germany’s ruling Free Democratic Party, there are increasing calls for the government to replace its plans for the introduction of a highly controversial airline tax with plans to levy a tax on aviation fuel.
EC Targets Latvia's Biofuel Tax
10/6/2010
The European Commission has requested that Latvia amend its discriminatory rules on the taxation of bio-fuel from other European Union member states.
Caribbean Intensifies Lobbying Against UK Air Tax
9/8/2010
The Caribbean is to intensify efforts to establish a 'fairer passenger tax system' in the UK during an official visit to the city of London, which will include a series of meetings between high-level officials and parliamentary bodies, the Caribbean Tourism Organization said.
METI Sets Out Japanese Tax Reform Proposals
9/2/2010
After a period of consultation with industry, the Japanese Ministry of Economics, Trade and Industry has incorporated significant green elements in its tax strategy for 2011 as well as proposals designed to make business taxation more competitive internationally.
Germany Delays Decision On Nuclear Fuel Tax
8/23/2010
Germany’s Environment Minister Norbert Röttgen has announced government plans to delay its decision on the introduction of a nuclear fuel tax in Germany until the end of September, four weeks later than previously planned.
Germany Examines Tax Simplification
8/18/2010
The German coalition government intends to take forward 'minor' tax reforms that will simplify the German tax system.
German Nuclear Tax Worries Energy Firms
8/12/2010
Energy firms in Germany are warning that the government's plans to tax nuclear power generation could make the operation of nuclear power plants in the country uneconomical.
China Plans Environmental Tax Pilot
8/9/2010
The Chinese State Council is expected to approve soon plans to introduce a pilot environmental tax in the four mainly agricultural provinces of Hubei, Hunan, Jiangxi and Gansu.
South Africa Limits Carbon Tax Exemptions
8/6/2010
South Africa’s National Treasury has refused to allow certain vehicles to be exempted from its reform of the excise duty on motor vehicles, which will now include a carbon emissions component.
German Industry Outraged At Eco Tax Plans
8/4/2010
Outraged at the German government’s plans to dramatically cut the amount of environmental tax relief available, unions, industry and employers’ associations have united in their efforts to oppose the controversial plans.
Belarus Sets Out Tax Reduction Plans
7/27/2010
Profit tax, value-added tax and social security charges are to be reduced in stages up to 2015 said Dmitry Kiyko, Head of the Central Office for Tax Policy and Budget Revenues of the Belarusian Finance Ministry, in a media presentation.
Gillard's Citizen Assembly To Consider Carbon Tax
7/26/2010
The Australian government has announced that a 150-strong Citizens’ Assembly will be appointed to examine the evidence on climate change, the case for action and the policy choices between a carbon tax, emissions trading scheme, or another approach to reducing pollution.
UK Urged To Rethink Aviation Tax
7/20/2010
The Confederation of British Industry is urging the UK government to drop plans to amend taxation on the aviation industry, instead arguing that the UK should push for a global ‘cap and trade’ scheme to ensure the global aviation industry meets its climate change obligations.
French Axe Hovers Over Green Incentives
7/14/2010
Aware of the need to implement drastic savings, France’s Environment Minister Jean-Louis Borloo has reportedly commenced the unenviable search for areas in which to reduce spending, outlining to the government possible cuts in “green” tax breaks to the tune of EUR1bn.
HMRC Publishes Tax Consultations
7/6/2010
The UK tax authority, HM Revenue and Customs, has published details of the tax consultations announced by the Chancellor in the emergency budget.
Germany's Savings Package To Bypass Bundesrat
6/23/2010
Determined to ensure that its recently unveiled savings package is adopted, Germany’s coalition government is reportedly considering dividing the programme, containing a number of highly controversial tax measures, into two separate laws.
Aviation Industry Condemns German Air Tax
6/11/2010
The European airline industry has rebuked the German government for its proposal to introduce a tax on air travel at German air terminals, to generate an additional EUR1bn annually to fund environmental initiatives.
Bahamas Budget Seeks New Revenues
6/10/2010
Bahamas Prime Minister, Hubert Ingraham has released details of numerous tax proposals in his 2010 budget that aim to increase tax revenues for the government as it attempts to rein in its drifting deficit.
Germany Unveils Austerity Programme
6/9/2010
Germany’s coalition government has united on the key points for its draft 2011 budget and for the country’s 2014 financial plan, aiming to save in the region of EUR80bn by 2014 by implementing drastic cuts in spending and by paring down tax breaks and other government subsidies.
Vietnam Discusses Environmental Taxes
6/2/2010
Vietnam’s Finance Minister, Vu Van Ninh, has disclosed to parliament the limited list of products that the government has suggested would be subject to the proposed environmental tax.
Jersey VED Set For September
6/1/2010
The Jersey government has confirmed that from September 1, 2010, the import of new cars to Jersey will be subject to a one-off Vehicle Emissions Duty, to pay for environmental initiatives in the island.
Travel Firms Welcome UK Plane Tax
5/18/2010
The British travel industry and airlines have welcomed the new UK coalition government’s decision to replace the Air Passenger Duty in favour of a 'per plane' tax based on emissions.
Switzerland Amends CO2 Tax Provision
5/17/2010
It has recently emerged that, from 2011, the Swiss Federal Council plans to redistribute the product of its carbon dioxide tax to both individuals and businesses the same year in which the tax is levied.
Austria Plans EUR4.1bn In Tax Rises
4/21/2010
According to a recent strategy report for 2011-2014, Austria’s coalition government aims to generate an additional EUR4.1bn in tax revenue by 2014.
Australian Greens Push Carbon Tax
4/14/2010
The Australian Greens have written to Prime Minister Rudd requesting that parliamentary debate on their proposal for a temporary carbon tax be scheduled as soon as possible, so that Australian regulations on carbon emissions can be passed by the middle of this year.
German Fuel Tax Questioned
4/12/2010
According to experts from the Deutsche Institut für Wirtschaftsforschung, the largest economics research institute in Germany, an environmental tax levied on motor vehicles serves only to slightly slow the increase in traffic volume.
Austria Considers Green Taxes
4/12/2010
During a recent two-day conference in Loipersdorf, the Austrian People’s Party united on plans to generate additional fiscal revenue to invest in research, 'green' jobs and thermal insulation.
Lib Dems Unveil 'Radical' UK Tax Plan
4/12/2010
The UK Liberal Democrat Party has proposed raising the income tax threshold to GBP10,000 as part of a tax plan described by the party leadership as 'the biggest tax switch in generations.'
OECD Urges Czech Fiscal Reforms
4/9/2010
The main challenge for the next Czech government will be to repair the deterioration in public finances caused by the economic crisis, says a new report published by the Organisation for Economic Co-operation and Development.
NZ ETS Under Attack From Industry
4/9/2010
New Zealand’s Employers and Manufacturers Association has said that the introduction of the country’s emissions and trading scheme must be delayed.
NZ Emissions 'Tax' Attacked
3/15/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.
Belgium's Kilometer Tax Opposed
3/11/2010
The Humanist group cdH of the Walloon parliament in Belgium has rejected the idea of a road tax levied per kilometre travelled, advocating instead the introduction of an inclusive road tax disc, which could then be modified to take certain environmental criteria into account.
China Pollution Report Spurs Green Taxes
2/15/2010
Zhang Lijun, vice minister of environmental protection, told a news conference in Beijing that the environmental protection ministry was cooperating with tax officials and the finance ministry to work out a plan for an environmental-protection tax.

 

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