VAT Trends in the European Union

July 28, 2017 Charles Riordan

The European Commission has published its 2017 report on Taxation Trends in the European Union, which is now available online. The Commission notes that consumption taxes grew slightly as a share of total tax revenue in 2015, and that VAT typically composes between two-thirds and three-quarters of the implicit tax rate on consumption. This figure will likely hold steady in the near future, as Member States have achieved a measure of stability in standard VAT rates; the report notes that only two Member States (Greece and Romania) changed their standard rates in 2017, halting a trend of sharply rising rates across the EU.

About the Author

Charles Riordan is a member of the Tax Research team at Sovos Compliance specializing in international taxation, with a focus on Value Added Tax systems in the European Union. Charles received his J.D. from Boston College Law School in 2013 and is an active member of the Massachusetts Bar.

More Content by Charles Riordan
Previous Article
European Union: VAT Decisions for Hungary, U.K.

The Court of Justice of the European Union (CJEU) recently issued opinions on VAT cases involving the U.K. ...

Next Article
European Union: Overhaul of VAT System Discussed

Estonia announced it will negotiate a cross-border VAT system, while the European Commissioner for Economic...


Regulatory Analysis News - Delivered Weekly

Thank you for subscribing!
Error - something went wrong!

Sign up for our monthly VAT newsletter

Thank you!
Error - something went wrong!