French government favours raising taxes on private jets -minister
Reuters
Published Oct 08, 2022 03:31AM ET
PARIS (Reuters) - The French government is in favour of raising taxes for private jets next year by aligning the taxation of aviation fuels with that of fuels used by cars, environment minister Christophe Bechu said on Saturday.
"The government supports this amendment," Bechu told franceinfo radio after some lawmakers from President Emmanuel Macron's bloc filed an amendment to the 2023 tax bill.
Imposing tougher laws on private jet emissions has become a political issue in France since this summer, when wildfires which scientists said were likely linked to climate change raged throughout the country amid serious heat waves.
Several Twitter accounts tracking French billionaires' private jet flights have emerged, causing a public outcry over emissions by the wealthy while ordinary people are being asked to make energy savings.
While members of France's main opposition bloc on the left had called for an outright ban, the government had said it was in favour of adjusting regulation.
Get The News You Want
Written By: Reuters
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.