VATupdate

Share this post on

European Commission releases proposal for a Carbon Border Adjustment Mechanism

On 14 July 2021, the European Commission (the Commission) adopted its proposal to establish a Carbon Border Adjustment Mechanism (CBAM). The CBAM is to prevent carbon leakage by charging a carbon price on certain goods imported into the European Union (EU).

Source EY

Sponsors:

VAT news
VAT news

Advertisements:

  • vatcomsult
  • AXWAY - VATupdate Banner