Environmental taxation has been a divisive issue in recent years. But if there was one strong conclusion at Green Budget Europe’s annual conference in Copenhagen, it was that the EU’s Energy Tax Directive (ETD) was not working effectively and that the Commission’s proposed revisions were a welcome improvement.
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The flagship 2025 tax legislation has sprawling implications for multinationals, including changes to GILTI and foreign-derived intangible income. Barry Herzog of HSF Kramer assesses the impact
Rolling out the global minimum tax has increased complexity, according to Baker McKenzie; in other news, Donald Trump has announced a 25% tariff on countries doing business with Iran