A new paper from the MIT Global Change Institute, a Bill before Congress and a Bloomberg editorial have all increased demand for a carbon tax in the US.
Getting a national US carbon tax off the ground is an uphill struggle given fierce opposition from a Republican-dominated House of Representatives but a new study by the Congressional Research Service (CRS) has offered a compelling economic reason.
France launched its version of the financial transactions tax (FTT) in July, but its ambitions for the tax are much wider as it is leading the way towards a European tax.
The UK removed low value consignment relief (LVCR) from mail order goods earlier this year to prevent VAT abuse, but supply chain management company Euro Fulfilment is soliciting business from the UK music industry by shipping via Spain to get around it.
A case involving a number of Ford Motor Company defined benefit (DB) pension funds was heard by the European Court of Justice (ECJ) last week, with an annual £100 million in VAT at stake.
