Taxation

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Italian City of Bolzano Proposes Tax on Dog Owners

In a bid to manage urban challenges, officials in Bolzano, Italy, have proposed a new tax on dog owners, affecting both residents and tourists. The measure aims to fund cleanup efforts and promote responsible pet ownership amid rising complaints about pet waste in public spaces. If approved, it could set a precedent for other European cities grappling with similar issues.

Debate over excluding professional assets from Zucman tax

3. oktober 2025 Rapportert av AI

France's Medef criticizes the Zucman tax by advocating exclusion of professional assets, but Gabriel Zucman counters that it would empty the tax of its substance. This controversy arises amid fiscal reforms targeting great fortunes in France. Arguments from both sides highlight tensions over taxing the wealthiest.

Russia Proposes VAT Hike to Fund Ukraine War

Russia's finance ministry has proposed increasing the value-added tax from 20% to 25% starting next year, aiming to generate additional revenue to sustain military operations in Ukraine. The move comes amid escalating costs of the ongoing conflict, now in its fourth year, and reflects the Kremlin's efforts to bolster state finances without directly taxing citizens more heavily. If approved, this tax adjustment could raise billions in revenue but may exacerbate inflation and economic strain on Russian households.

Sébastien Lecornu open to Zucman tax substitute

4. oktober 2025 Rapportert av AI

French Armed Forces Minister Sébastien Lecornu has expressed readiness to create a substitute for the Zucman tax in the 2025 budget. Nobel Prize-winning economist Joseph Stiglitz supports France implementing the tax independently. These statements come amid debates on financing defense and reducing inequality.