* . * * . *

Village Global

The World is a Village

in

France and Spain Take Bold Steps to Tax Premium Flyers and Private Jets

Source link : https://www.mondialnews.com/2025/07/02/france-and-spain-take-bold-steps-to-tax-premium-flyers-and-private-jets/

France and Spain have joined a growing list of countries implementing new taxes aimed at premium flyers and private jet owners, Reuters reports. This move reflects an increasing global effort to address environmental concerns associated with luxury air travel, targeting high-emission activities often enjoyed by the wealthy. The introduction of these levies signals a shift in fiscal policy designed to promote sustainability while generating additional revenue amidst mounting climate change pressures.

France and Spain Lead Initiative to Tax Luxury Air Travel

In a groundbreaking move, France and Spain have spearheaded a coalition of European nations aiming to impose new taxes on luxury air travel. The initiative targets premium flyers and private jet owners, sectors known for their significant carbon footprints yet often exempt from environmental levies. The proposed tax seeks not only to curb excessive emissions but also to generate additional revenue for climate action programs across the continent.

The countries advocating this measure emphasize the following key points:

  • Equity: Ensuring that luxury travel contributes its fair share to environmental funding
  • Climate Responsibility: Aligning with EU targets to reduce aviation-related emissions
  • Revenue Use: Channeling funds into sustainable transport and renewable energy projects
CountryProposed Tax ScopeEstimated Annual Revenue (€ Billion)
FrancePrivate jets & first-class tickets0.5
SpainLuxury…

—-

Author : Olivia Williams

Publish date : 2025-07-02 16:02:00

Copyright for syndicated content belongs to the linked Source.

—-

12345678

Top Russian Negotiator Invites US Businesses to Enter Russia if Sanctions Are Lifted

Surgery vs Radiation in Early Glottic Cancer

Back to Top

. . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ - - - - - - - - - - - - - - - - - - - -