Introducing Europe’s Frightening New Tax Directive

“A few days ago, the European Commission released details of a tax directive that will create a pan-European tax system, complete with a brand new Tax ID number for all the good citizens of Europe.  The proposal also aims to increase taxes across the board if they feel that a member state (like Ireland) doesn’t charge enough tax.  According to the proposal, other European countries like Ireland and Estonia ‘distort competition by granting favourable tax arrangements.’ The directive goes on to demand more onerous reporting, attack anyone who takes legal steps to reduce what they owe, and even threaten businesses with exit taxes if they try to leave Europe.”

https://www.sovereignman.com/trends/introducing-europes-frightening-new-tax-directive-19595/

 

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