European Union (EU) Directives on Taxation

EU directives on taxation are legal rules issued by the European Union to harmonize tax policies among member countries. They set common standards and objectives, such as VAT rules or anti-tax avoidance measures, which EU countries must implement into their national laws within a specified timeframe. This coordination helps ensure a fair, efficient, and smooth functioning internal market, preventing tax evasion, reducing barriers to cross-border trade, and promoting economic integration while respecting each country's sovereignty in setting tax rates.