Simpler energy labelling in the EU as European Commission proposes digital labels and tax simplification

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Simpler energy labelling in the EU as European Commission proposes digital labels and tax simplification
Photo: Adam Ihse/TT

By removing, among other things, tax rules that are deemed unnecessary and overlapping, for example withholding tax on cross-border payments of interest and dividends, the European Commission hopes to save at least the equivalent of SEK 88 billion a year.

On the energy side, money will be saved by switching to digital energy labelling more often, especially for products sold directly between businesses - such as refrigerated displays for grocery stores - rather than to ordinary consumers. This also includes car tyres.

Wednesday's two proposals are part of the European Commission's long-running series of so-called "omnibus packages" to reduce bureaucracy and improve competitiveness.

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By TT News AgencyEnglish edition by Sweden Herald, adapted for our readers

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