AZERBAIJAN: Baku Mulls “Green Tax” on Corporate Polluters

Azerbaijani officials appear to buy into the idea that taxation policy can be an effective way of managing the environment.

Europe Dithering on Tobin Tax

Despite the grave financial and sovereign debt crisis sweeping the region, the European Union has once again failed to reach unanimous approval of a proposition made by its executive body, the European Commission (EC), to tax financial transactions in order to reduce speculation and increase state revenues.