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European Commission proposes legislative package including environmental tax measures to support EU climate ambitions

|Tax Alerts, Legislation & Policy, National/Federal Taxation|European Union
European Union

Executive summary 

On 14 July 2021, the European Commission (the Commission) presented its “Fit for 55” legislative package (Fit for 55 or the package). Fit for 55 is a comprehensive step in overhauling European Union (EU) legislation to align it with its increased climate ambitions as stated in the European Green Deal (EGD). It consists of 13 interconnected legislative proposals, including revisions to existing laws and proposals of new legislation. The package is comprehensive and complex …

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