エラーが発生しました。 詳細 隠す
保存されていないページがあります。 復元 取り消す

What started on November 17 as a revolt against rising fuel taxes in France has now lasted six consecutive weekends and evolved into a full-blown rejection of the socioeconomic policies of French President Emmanuel Macron. Protestors targeting of stagnant wages, rising prices and taxes, high unemployment in rural areas, pension security, government spending on bureaucrats, university entry requirements, and other issues has yielded some concessions—such as a minimum wage increase—yet protestors remain positioned in traffic roundabouts, poised for protests into the new year.

  • In October, the government announced that effective January 1, 2019, gasoline prices would increase by 2.9 cents and diesel fuel by 6.5 cents, with an environmental tax on greenhouse gas emissions the primary component of the increases. The movement’s participants are mostly residents of small cities or rural areas who are affected disproportionately by rising fuel prices as passenger vehicles are the primary and/or only available transport option and fuel a significant component of their budgets.
  • The movement aims now to highlight the economic frustration and political distrust of poorer working families and has widespread support nationally. Protesters assert that the president and the parliament have not fully represented them or taken into account the interests of ordinary citizens.
  • Check out the RSS news feed at the end of the dashboard below for the latest headlines out of France.

Many outside France may wonder how far outside the norm the proposed fuel price adjustments are to trigger this level of outcry across France. And, why France? Are other European countries poised to follow?

  • An increase in the diesel tax in France is well within the realm of the expected: excise taxes on diesel have increased each January for at least the last five years. What makes France stand out is that its diesel price is among the highest in Europe and globally. France, along with Belgium, saw the most significant diesel tax increase over the last five years in Europe, which is twice as high as in third-ranked Portugal.
  • France’s approach to managing its commitments to climate change through fuel policies is not unique within the EU: Belgium, the Netherlands, Malta, and Portugal have followed a similar trajectory, although the diesel tax was unchanged or decreased over the last year in most European countries.
  • Increasing taxes are only one driver behind rising prices and thus should be a warning flag to other European leaders. In particular, volatility in global crude oil prices has caused painful fuel price increases (as well as relief as they fall, relief surely appreciated right now by President Macron). In October, the diesel price in France reached a peak of 1.53 euros per liter, representing a 20 percent increase since the start of the year.

In the new year, the world will watch as France's leaders negotiate policies to balance seemingly competing objectives to respond to the protestors' grievances and maintain the country's global leadership in pursuing an ecological transition. Read on below to discover the ins and outs of fuel prices and taxes of France and globally.

 

Knoemaの関連分析データ

GST Revenue Collection Declined 5.29 percent in October, 2019

The Goods and Services Tax (GST) revenue declined 5.29 percent YoY in October compared to 2.67 percent decline in September 2019, reflects timid demand in the Indian economy. Out of the gross collections of INR 95,380 crore, CGST was INR 17,582 crores, SGST was INR 23,674 crores and IGST was 46,517 crores in October 2019.This was the third consecutive month where GST collection remained below INR 1 Lakh crore, despite festive season in October. The depressed GST revenue collection would likely put pressure on government of India (GOI) finances that is already showing sluggish...

Tax Rates Across the World: Corporate Tax, Income Tax, Indirect Tax, and Social Security Rates

The comprehensive comparison of the taxation between different countries might be hindered by the fact that tax laws in most countries are extremely complex, and tax burden falls differently on different groups in each country and sub-national unit. Still, to enable cross-country comparison one can use the highest rates for each of the following tax types in each country: The highest corporate tax rate among the 120 countries surveyed by KPMG is recorded in the United Arab Emirates, where corporations should pay 55 percent of their operating profit as a tax. However, this tax is...

World Bank Doing Business 2015: Going Beyond Efficiency

Doing Business 2015: Going Beyond Efficiency, a World Bank Group flagship publication, is the 12th in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies—from Afghanistan to Zimbabwe—and over time. Doing Business measures regulations affecting 11 areas of the life of a business. Ten of these areas are included in this year’s ranking on the ease of doing business: starting...

Revising the Global Tax System

Unprecedented changes to the international tax system are expected over the next five years. An OECD/G20 global campaign to address tax base erosion and profit shifting (BEPS) is in full swing and could dramatically alter the tax landscape. According to a November 2014 update from the OECD: BEPS refers to corporate tax planning strategies that exploit gaps and mismatches in tax rules between countries to artificially shift profits to low or no-tax locations characterized by little or no economic activity, resulting in little or no overall corporate tax being paid. BEPS would...

当社の個人情報保護方針&クッキーポリシー

当社のウェブサイトではクッキーを使用し、ユーザー様のオンライン体験を向上させております。このウェブサイトを立ち上げたときに、クッキーはお使いのコンピュータ上に配置されます。インターネットブラウザの設定を通して、個人的なクッキーの設定を変更できます。

個人情報保護方針