Monday

18th Dec 2017

Ticker

EU ready to compromise on carbon tax

The EU may compromise over its tax on airline carbon emissions if US and China apply a similar levy by 2015, an EU source told AFP. Brussels will suggest that the tax - currently suspended for intercontinental flights - is reintroduced only for the part of flight over EU airspace.

EU set to probe Ikea tax affairs

Swedish founded furniture retailer Ikea has reportedly been targeted by the European Commission, which is set to launch an investigation into how tax schemes in the Netherlands allegedly enabled it to avoid paying into public coffers.

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