Proceedings of The 9th International Conference on Modern Research in Management, Economics and Accounting
Harmonization Of Direct Taxation In The Eu And It’s Influence On International Taxation
MSc. Matjaž Kovač
The EU’s common market is one of the most important aspects of the EU’s work. The creation of a common market also includes the elimination of barriers that still prevent the free movement of goods and services. The Member States agreed in the Lisbon Strategy to achieve the goal that Europe should be the most competitive economy in the world by 2020. One of these objectives is also the regulation of the EU tax system. Tax treatment is left to the EU in the EU, and only tax principles are common. The autonomy of Member States in the field of taxes results in 28 different tax systems. The characteristics of corporation taxation in the EU are marked by fiscal competition with many negative impacts on the performance of businesses and on the European economy. Member States are becoming increasingly aware of these negative guidelines and are therefore striving to take steps towards harmonizing direct business taxation on the EU’s internal market
Keywords: EU common market, tax policy, harmonization of taxes, direct taxation, CCCTB.