- The European Commission has released the Annual Report on Taxation 2023, which evaluates recent trends in EU tax systems and suggests ways to improve tax policy, implementation, and compliance.
- The COVID-19 pandemic and Russia’s war on Ukraine have had a significant impact on the EU’s economy and taxation systems, leading to increased deficits and public debt.
- The report highlights the need for fairer and more efficient tax systems to support the EU’s recovery from these crises and ensure adequate public revenues in the future.
- The Data on Taxation Trends and TEDB database provide additional information on tax reforms in EU Member States.
Source Orbitax