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Lukoil close to obtaining a tax reduction for Caspian Sea developments

Lukoil applied for a tax reduction for its oil exploitations in Caspian Sea from Finance Ministry of Russia. The tax cut will save Lukoil approximately $460 million for 2011.

read more... 14/07/2010

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360 million CHF amassed from the CO2 tax to be distributed to Swiss companies and population

According to a recent decision taken by the Swiss Federal Council in May 2010, revenues resulting from CO2 tax will be proportionally distributed to the Swiss population and companies during the course of the year.

read more... 17/06/2010

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A carbon tax to be set in the European Union

The European Commission proposed a “tax carbon” on road transport, buildings and agriculture as part of the new directive regarding energy taxation, which would be approved only if the member states of the European Union unanimously agreed on.

read more... 02/06/2010

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