EU Profits Tax Could Be Used To Bully Member States
The proposed EU corporate profits tax will either become a power tool against recalcitrant member states or the most unpredictable cost item in any corporation’s finances.
The proposed EU corporate profits tax will either become a power tool against recalcitrant member states or the most unpredictable cost item in any corporation’s finances.
Budget Commissioner Johannes Hahn noted there were no recorded expenses for hairdressers—just makeup artists and photo professionals.
Another 120 million soon-to-be-expired doses, worth €4 billion, are on track to be disposed of by the end of the year, as the EU Commission continues to be unable—or unwilling—to meaningfully revise its vaccine procurement contracts.
After being accused of taking too many private flights, Michel wants to buy carbon credits to fly even more. Because Europeans care more about pollution than their taxes being spent unnecessarily, right?
The overall trend in the European economy points in the wrong direction. Therefore, it is a very bad idea to raise any taxes in the EU. It does not matter that the taxes the EU has proposed will fail to generate the revenue that the MEP tax grabbers are hoping for.
The bureau hopes to avoid further litigation over the fund and to dodge another financial scandal. Using taxpayer money to keep the fund going is the least desirable option.
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