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Keywords: Tax


Budget 2026: French PM Lecornu proposes financial wealth tax as alternative to Zucman levy

French Prime Minister Sébastien Lecornu has opened the door to the left by proposing a new “financial wealth tax” as part of the 2026 budget discussions. The initiative is presented as an alternative to the so-called “Zucman tax” advocated by socialist lawmakers, which......

Europe’s wealth tax: Which countries still enforce it?

The debate over taxing the ultra-wealthy has reignited across Europe as discussions center on addressing national debts through wealth-based taxation. Economist Gabriel Zucman recently proposed a 2% minimum tax on fortunes exceeding €100 million, a measure aimed at replacing France’s former......

Far-right Vox proposes tax plan to curb foreign home purchases in Spain

Spain’s far-right political party, Vox, has unveiled a plan to introduce a "dissuasive tax regime" aimed at limiting property purchases by foreigners, while also attributing the country's housing crisis to illegal immigration. These measures are part of a broader strategy to prioritize......

Morocco’s tax authority refers major fake invoice network to prosecutors

Morocco’s General Directorate of Taxes (DGI) has referred a large-scale case involving falsified invoices to the public prosecutor’s office, following investigations that uncovered an extensive network of fraud. According to informed sources, the legal affairs division of the DGI completed......

Tax savings in Andorra: Why moving from Spain might be worth it

Relocating to Andorra could significantly reduce your tax burden compared to living in Spain, especially if you’re a high-earner or self-employed. Nestled in the Pyrenees between Spain and France, this small, independent country offers not only breathtaking landscapes and outdoor activities but......

Morocco’s customs revenue rises to MAD 65 billion amid economic recovery

Morocco’s customs revenue reached MAD 65 billion ($7.22 billion) by August 2025, marking an 8.3% increase compared to the same period last year, according to the Moroccan treasury’s latest report. This growth reflects the country’s ongoing economic recovery and increased import activity. Revenue......

US tourism declines by 3 million visitors under Trump’s presidency

The United States has seen a notable decline in international tourism, with over 3 million fewer visitors in the first seven months of 2025, marking a 1.6% drop compared to the same period last year. Experts attribute this downturn to the policies and rhetoric of Donald Trump's administration following......

Lebanon’s Finance Ministry defends fuel tax before State council

Lebanon’s Finance Minister, Yassine Jaber, has formally submitted a statement to the State Council defending the government’s decision to impose a tax on certain fuels and allocate the revenue to support the Lebanese army, according to an informed source at the Finance Ministry. The minister......

Morocco’s customs revenue rises 5.8% in first seven months of 2025

Morocco’s customs revenue reached MAD 54.79 billion ($6.09 billion) during the first seven months of 2025, marking a 5.8% year-over-year increase, according to data from the Treasury General of the Kingdom (TGR). This steady growth underscores the resilience of Morocco’s fiscal revenue from......