The Organisation for Economic Cooperation and Development (OECD) has urged governments to pay attention to the consequences of their policies and compensate vulnerable groups that could be hit by new taxes.
The French government is thinking about taxing foreign heavy goods vehicles but François de Rugy, the new minister of ecological transition, denies the return of a “green tax”. EURACTIV France's media partner Ouest-France reports.
The European Commission is poised to put forward proposals for a 'green tax' in early April, but reduced value-added tax (VAT) rates to promote green products are unlikely to feature as part of the package.
Fiscal incentives backed by EU funds to promote cleaner vehicles and building efficiency are recommended as part of a 200-billion-euro economic recovery plan unveiled by the European Commission yesterday (26 November).
The Commission yesterday (7 July) proposed an overhaul of the bloc's VAT and state aid policies to allow governments to reduce VAT rates for labour-intensive businesses and provide small business with more aid for risk capital and innovation.