EU (European Union) Tax Policy

The European Union’s tax policy aims to ensure fair and coordinated taxation across member countries to support economic stability and growth. It involves setting common rules on issues like VAT (value-added tax), reducing tax evasion, and harmonizing certain tax practices while respecting each country’s sovereignty. The goal is to create a more integrated market, prevent tax avoidance, and ensure that businesses and individuals pay their fair share, fostering economic fairness and cooperation within the EU.