Taxation

Fuatilia

Sébastien Lecornu open to Zucman tax substitute

4 Mwezi wa kumi, 2025 Imeripotiwa na 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.

Sweden Announces Food Tax Reduction Plan

On September 4, 2025, the Swedish government revealed plans to cut taxes on food to alleviate household costs amid an election year. The measure aims to support consumers facing economic pressures. Details on implementation are expected soon.

Debate over excluding professional assets from Zucman tax

3 Mwezi wa kumi, 2025 Imeripotiwa na 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.

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.