The UK Parliament’s Environmental Audit Committee wants reduced VAT rates on recycled goods in order to encourage businesses to be less wasteful and promote reuse, but EU VAT agreements stand in their way.
Nordea Bank receives a favourable ruling in the European Court of Justice (ECJ), after Denmark’s recapture of losses rule is found in breach of EU freedom of establishment.
Arthur Laffer, renowned economist and inventor of the curve that bears his name, met with International Tax Review to discuss what he would change about US tax policy, why he favours a flat tax and why simplification should be central to tax reform.
As excise taxes become increasingly important sources of revenue for national governments around the world, Arthur Laffer explains why countries must retain fiscal sovereignty when setting rates on products such as tobacco.
Tony Abbott’s government has today won its battle to scrap the controversial carbon pricing mechanism, which sought to place a levy on the country’s biggest polluters.
