Committee Calls For Common EU Energy Tax System

In the EESC’s opinion, the member states of the EU must “rethink energy taxation” with a view to making it “uniform and smarter across Europe.” It suggested creating a common tax framework which would link the tax rate to the energy source and factor in carbon emissions.

“The burden of fees and value added tax for electricity ranges from 4.7% in the United Kingdom to 45.6% in Denmark, with no heed to the energy content of electricity produced,” said Pierre-Jean Coulon, rapporteur for the opinion.

Warning, irony ahead: Yes Pierre-Jean, the UK really needs to contribute more to Europe.

http://tax-news.com/news/Committee_Calls_For_Common_EU_Energy_Tax_System____59824.html

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

Advertisements

About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
This entry was posted in Tax and Accounting News and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s