Geopolitical changes have made it difficult for EU countries to agree on a bill that would revise the way the bloc taxes fuel and electricity, according to a senior European Union tax official.
The role of taxation in transforming the bloc’s energy systems and its climate policy ambitions haven’t found a “good balance,” Gerassimos Thomas, director general taxation and customs union at the European Commission, said at the International Tax Italian Conference on Friday.
EU finance ministers last week paused discussions on the bill, known as the Energy Taxation Directive, after failing to resolve outstanding issues in a meeting ...
