China has announced an improvement to the departure tax refund policy. Under the motto "Buy now, refund now", VAT will be refunded directly upon purchase and not on leaving the country.
By Ning Wang
The Federal Ministry of Economics is preparing proposals for financing the EU budget. According to the ministry's plans, a new tax could be levied on certain emissions in the energy sector.
By Manuel Berkel
The public often feels carbon prices and tolls lead to higher environmental taxes. However, a long-term comparison by German Green Budgets shows the opposite. For this reason, the think tank calls for an important change.
By Malte Kreutzfeldt
Member states are to increase excise taxes on tobacco and tobacco-related products sharply. In Germany, the minimum tax on cigarettes would double, and on cigars and cigarillos, it would increase by a factor of nine. The Commission's proposal is due on Dec. 7.
By Markus Grabitz
