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Taxation in the European Union - discussion paper for the informal meeting of ECOFIN Ministers

Taxation in the European Union - discussion paper for the informal meeting of ECOFIN Ministers Taxation in the European Union Discussion Paper for the lnfsrmai Meeting of ECOFlN Ministers: 20 March 1996 SEC (96) 487 Final, Brussels, 1. Introduction This Paper takes a global view of the whole area of taxation: it is intended to be the basis for an open debate within the informal meeting of ECOFIN Ministers on an overall approach to taxation issues. In the past too often discussions were confined to taxation proposals seen in isolation, thus limiting proper consideration of wider tax issues and of the framing of taxation policy within the wider context of EU policies. Looking at the years ahead, three main challenges have been identified for taxation policy in the European Union. They are clearly interlinked, and solutions will be mutually reinforcing. They are as follows. -a Stabilization of Member States' tax revenues Smooth functioning of the Single Market. Promoting employment. The run-up to the third stage of the EMU and the Confidence Pact on Employment enhance the need for a greater concerted effort in taxation policy. It is the Commission's duty to raise these matters at the European level, and to suggest possible areas for initiative, fully respecting the principle of subsidiarity. 2. Main http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png EC Tax Review Kluwer Law International

Taxation in the European Union - discussion paper for the informal meeting of ECOFIN Ministers

EC Tax Review , Volume 5 (2) – Jun 1, 1996

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Kluwer Law International
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Copyright © Kluwer Law International
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0928-2750
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Abstract

Taxation in the European Union Discussion Paper for the lnfsrmai Meeting of ECOFlN Ministers: 20 March 1996 SEC (96) 487 Final, Brussels, 1. Introduction This Paper takes a global view of the whole area of taxation: it is intended to be the basis for an open debate within the informal meeting of ECOFIN Ministers on an overall approach to taxation issues. In the past too often discussions were confined to taxation proposals seen in isolation, thus limiting proper consideration of wider tax issues and of the framing of taxation policy within the wider context of EU policies. Looking at the years ahead, three main challenges have been identified for taxation policy in the European Union. They are clearly interlinked, and solutions will be mutually reinforcing. They are as follows. -a Stabilization of Member States' tax revenues Smooth functioning of the Single Market. Promoting employment. The run-up to the third stage of the EMU and the Confidence Pact on Employment enhance the need for a greater concerted effort in taxation policy. It is the Commission's duty to raise these matters at the European level, and to suggest possible areas for initiative, fully respecting the principle of subsidiarity. 2. Main

Journal

EC Tax ReviewKluwer Law International

Published: Jun 1, 1996

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