LEGAL CONTRIBUTION TOWARD A GREENER EUROPEAN UNION Cover Image

LEGAL CONTRIBUTION TOWARD A GREENER EUROPEAN UNION
LEGAL CONTRIBUTION TOWARD A GREENER EUROPEAN UNION

Author(s): Ana Intihar Marulc
Subject(s): Law, Constitution, Jurisprudence, EU-Legislation
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Tax abatement;Sustainability;Legislation

Summary/Abstract: European Union has a diverse environment and recently the awareness of the importance of sustainable development has increased significantly. Subsequently, the greener and more sustainably oriented narratives have been used in documents and legislation produced by the European Union. The European institutions have established a legal framework to facilitate sustainable investments. Consequently, member states of the European Union have been implementing more sustainably prone legislation, but have chosen different legal approaches on how they will tackle the challenges associated with the adoption of more sustainably prone legislation. One of the successful ways how member states encourage more sustainable choices are tax abatements. This article compares and evaluates the best approaches by member states with better-developed tax abatements for sustainable choices and their results. The findings of this article are that various approaches have been developed and suggest how other countries can mirror proven ways towards improvement.

  • Issue Year: 5/2022
  • Issue No: 1
  • Page Range: 59-67
  • Page Count: 8
  • Language: English
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