The Opportunity to Identify a Single European Tax - A Comprehensive Analysis

Abstract

This paper proposes a comprehensive approach to identifying a single tax on European level, on the premise that harmonization is a priority for the union budget and european fiscal policy. This theme is constantly in discussions for European officials, however, configuring a single european tax remains an ineffective approach. It is difficult to establish a single tax at the level of 27 Member States, also the budgetary criteria like efficiency and equity contributions, reasonable principles, and, on the other hand, to generate a higher level of control over budgetary decision act and provide transparency on how must be managed the union budget.

Keywords: european tax, tax harmonization, union budget, fiscal policy, financial resources

JEL Classification: H21, H27, K34