Carbon tax, a new tax proposed by the European Commission on imports Cover Image
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Taxa pe carbon, o nouă taxă propusă de Comisia Europeană asupra importurilor
Carbon tax, a new tax proposed by the European Commission on imports

Author(s): Mihai Petre
Subject(s): Environmental and Energy policy, International relations/trade, Fiscal Politics / Budgeting, EU-Legislation
Published by: Editura Solomon
Keywords: Carbon tax; European Commission; polluting industries;

Summary/Abstract: In order to keep its producers competitive and to avoid relocating production from the European Union to third countries, the European Commission proposed, this middle summer, the introduction of a carbon tax applicable to imports of products from highly polluting industries. Thus, all imports of cement, iron and steel, aluminum, fertilizers or electricity from non-EU countries could be taxed per tonne of carbon emitted from 2025. But, until then, importers would be subject to reporting obligations of the emissions incorporated in imported products. However, during this transitional period, companies should not lose sight of either the financial impact of the new tax or the internal costs of monitoring and reporting.

  • Issue Year: 2021
  • Issue No: 5
  • Page Range: 351-352
  • Page Count: 2
  • Language: Romanian