The European Commission today released a report that summarizes tax reform in EU Member States and that identifies certain challenges including: (1) the design of housing taxation systems; (2) preferential treatment of debt in corporate income taxation; (3) tax compliance particularly with respect to value added tax (VAT); (4) efficiency of tax administrations; and (5) improving fairness.
The report (posted on the EC website) presents an overview of recent tax reforms in the EU Member States and provides an indication of performance in major areas of tax policy and the following areas of efficiency:
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