European Union Tax Policy

The European Union’s tax policy aims to coordinate member countries’ tax rules to ensure fair competition and economic stability. It focuses on preventing tax evasion, promoting transparency, and ensuring businesses and individuals pay appropriate taxes across borders. While each country maintains its own tax system, the EU establishes common standards, such as rules for value-added tax (VAT) and corporations, to facilitate trade and prevent unfair gaps. The goal is to create a unified market where taxes are fair, transparent, and support shared economic growth.