Tax and Development – EUbusiness Week 470

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EUbusiness Week – Issue 470
11 December 2009
http://www.eubusiness.com
Your way through the EU information maze
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This Week’s Top Stories
=======================
1. Euro summit falls short on hard cash for climate talks
2. France rallies EU to defend farm handouts
3. EU grants EUR 1.5bn for wind farms, carbon capture
4. EU-Norway fish talks collapse
5. Tax fraud loses EU carbon trading billions: Europol
6. EU honours Neapolitan ‘mother of all pizzas’

Publisher’s Note
================
Speaking at a governance conference at the European
Parliament, Development Commissioner Karel De Gucht has
suggested a European tax for multinationals who operate in
developing nations but squirrel profits off to tax havens.
The conference examined possible policy measures to
increase tax revenues in developing countries, and
develop a fairer international tax environment.

Mr De Gucht highlighted the critical role of tax systems in
development and the negative impacts of harmful tax
practices and non-cooperation on developing countries. He
made clear that helping developing countries to strengthen
their tax systems was not just a passing fad. It was “an
essential key to sustainable development and to enhance
ownership of poverty reduction policies”.
http://www.eubusiness.com/news-eu/finance-fraud.1v3

Regards,

Nick Prag
Publisher, EUbusiness

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1. Euro summit falls short on hard cash for climate talks
———————————————————
EU leaders fell short Thursday of their target of pledging
EUR six billion to help the developing world combat global
warming, but talks were set to continue through the night.
http://www.eubusiness.com/news-eu/summit-climate.1wb
Britain, France unite behind bank bonus tax plans
http://www.eubusiness.com/news-eu/britain-france.1w8

2. France rallies EU to defend farm handouts
——————————————–
France has rallied fellow EU states to defend generous
subsidies for farmers at talks that excluded Britain and
other sceptics of Europe’s costly agricultural policy.
http://www.eubusiness.com/news-eu/france-britain-farm.1vs

3. EU grants EUR 1.5bn for wind farms, carbon capture
—————————————————–
The Commission has granted EUR 1.5 billion to offshore
wind farms and carbon capture and storage schemes to
help relaunch Europe’s economy.
http://www.eubusiness.com/news-eu/climate-energy.1us

4. EU-Norway fish talks collapse
——————————–
European Union and Norwegian fishing fleets have been
booted out of each other’s waters, which they normally
share, after talks on quotas collapsed.
http://www.eubusiness.com/news-eu/norway-fish-economy.1uo

5. Tax fraud loses EU carbon trading billions: Europol
——————————————————
Tax fraudsters have targeted the EU’s carbon emissions
trading system, pocketing about five billion euros,
the Europol police agency said on Wednesday.
http://www.eubusiness.com/news-eu/climate-warming.1v1

6. EU honours Neapolitan ‘mother of all pizzas’
———————————————–
Italy has hailed the European Union’s decision to award the
Neapolitan pizza — arguably the mother of all pizzas – its
coveted “traditional speciality guaranteed” (TSG) label.
http://www.eubusiness.com/news-eu/italy-food-pizza.1uu

EU LAW
* * * * * * * * * * * * * * * * * * * * * * * * * * * *
Sugar: Estonia says it will contest an EU court ruling
which did not slash an EUR 34m fine imposed by Brussels
for stockpiling sugar.
http://www.eubusiness.com/news-eu/estonia-sugar-fine.1vf
Court orders France Télécom to pay overdue taxes of EUR
1.14bn
http://www.eubusiness.com/topics/eulaw/EUtaxscheme.01
Cannabis trademark ruled out of order
http://www.eubusiness.com/topics/eulaw/Trade-mark.01
http://www.eubusiness.com/topics/eulaw
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Caselex offers Supreme Court cases linked to Community law
from national and European Courts. Free 30 day license for
EUbusiness readers – thereafter at a special introductory
discount of 20 per cent
http://www.eubusiness.com/caselex-30
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Inside the EU Institutions
==========================

Council Watch
————-
Serbia: foreign ministers decided Monday to boost ties with
Serbia, bringing an end to an 18-month standoff over
Belgrade’s lack of cooperation with a UN war crimes court.
http://www.eubusiness.com/news-eu/enlarge-serbia-ties.1ti
New EU era leaves foreign ministers outside summit room
http://www.eubusiness.com/news-eu/summit.1vm
Greece name row blow to Macedonia EU bid
http://www.eubusiness.com/news-eu/macedonia-greece.1tw
EU says Jerusalem ‘future capital of two states’
http://www.eubusiness.com/news-eu/mideast-diplomacy.1tx
Turkey says EU Cyprus demands unfair
http://www.eubusiness.com/news-eu/turkey-enlarge.1ur
http://www.eubusiness.com/European_Council

Euro-Parliament Watch
———————
Gaza: Parliament has demanded that Israel explain why it
prevented a delegation of MEPs from travelling to the Gaza
Strip despite initially authorising the visit.
http://www.eubusiness.com/news-eu/mideast-diplomacy.1ul
Global warming threatens human race: Tuvalu PM
http://www.eubusiness.com/news-eu/un-climate-warming.1vq

Parliament and Council representatives reached an agreement
of principle on legislation to limit the use of animals for
scientific experiments; while at his quarterly meeting with
MEPs, ECB President Jean-Claude Trichet said that monetary
exit strategies need to be “timely and gradual”.
http://www.eubusiness.com/Europarl

Commission Watch
—————-
Pay strike: controversy surrounding an inflation-busting
pay rise for tens of thousands of EU staff deepened on
Thursday with more strike calls and legal threats.
http://www.eubusiness.com/news-eu/employees-pay.1vr
Brussels demands extra measures on deficit by Greece
http://www.eubusiness.com/news-eu/greece-economy.1uh
Thousands in Albania rally for EU membership
http://www.eubusiness.com/news-eu/albania-demo.1uf
http://www.eubusiness.com/Commission

EU diary
——–
11 Dec, European Council
14-17 Dec, European Parliament plenary
14-15 Dec, Agriculture and Fisheries Council
17-18 Dec, Transport and Telecom Council
22-22 Dec, Environment Council

The Week Ahead: http://www.eubusiness.com/events/EUcalendar
Long-term diary: http://www.eubusiness.com/events/eu-diary

EUbusiness Community
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Analysis
——–
Copenhagen + Obama = progress?: The single most important
thing that must be agreed at Copenhagen is to provide
substantial extra money to protect forests – Stephen
Tindale, Climate Answers
http://www.eubusiness.com/Members/climateanswers/09-12-07
http://www.eubusiness.com/features

Events
——
20 Jan, Milan: Economics of culture, institutions and crime
http://www.eubusiness.com/topics/research/susdiv.09

16 Jan, London: Interconnection World Forum
http://www.eubusiness.com/Members/iir/
More events: http://www.eubusiness.com/events

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Jobs
—-
Policy advisor International Affairs, European insurance
and reinsurance federation
http://www.eubusiness.com/Jobs/cea.09-12-09

Technical Policy Advisor, European Cockpit Association
http://www.eubusiness.com/Jobs/eca.09-12-09
More jobs: http://www.eubusiness.com/jobs

Policy Forum
————
European Buildings- Are they really green enough?
http://www.eubusiness.com/topics/environ/rics.09-12-10
More press: http://www.eubusiness.com/press

Briefing
——–
Tax and Development
http://www.eubusiness.com/topics/development/tax-development

15 energy projects for European economic recovery
http://www.eubusiness.com/topics/energy/energy-projects

Guidelines on national regional aid for 2007-2013
http://www.eubusiness.com/topics/development/regional-aid
More briefings: http://www.eubusiness.com/guides

Other news on EUbusiness this week
———————————-
Mediterranean men leaving mama ever later: EU 10-Dec
http://www.eubusiness.com/news-eu/economy-youth.1vj
EU gives Kraft more time on Cadbury bid 9-Dec
http://www.eubusiness.com/news-eu/britain-us-food.1uv
EU competition police raid drug giants 9-Dec
http://www.eubusiness.com/news-eu/pharma-health-drugs.1t3
Iraqis make up 20 per cent of EU asylum winners 8-Dec
http://www.eubusiness.com/news-eu/refugee-asylum.1tv
China opposes EU proposal on shoe duties 7-Dec
http://www.eubusiness.com/news-eu/china-trade-dumping.1sk

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