European Union (EU) Tax Directives

European Union (EU) Tax Directives are laws designed to harmonize tax rules across EU member states to promote fairness and efficiency in the single market. They aim to prevent tax evasion, avoid double taxation, and facilitate cross-border investments. For instance, they set rules for the taxation of interest, royalties, and dividends exchanged between countries. By standardizing tax policies, these directives help businesses operate smoothly across borders and reduce obstacles related to tax compliance, benefiting both economies and citizens within the EU.