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EU to raise environmental taxes across member states

Accountancy Age

THE EUROPEAN UNION could raise €35bn (£28.7bn) by 2016 through an increase in air and water pollution taxes, a report has suggested. A study by the European Commission has claimed that the potential for greener taxes moves levies away from labour taxes onto environmental behaviour, Tax-News reports. On balance, these changes would be considered to have a positive impact on employment, the study said. The commission estimates that the…

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