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The European Commission (Eurostat) has issued this summer his report on “taxation trends in the European Union” (“the EU Report”). This report(1) is based on 2008 figures, i.e. the year where global recession started to seriously hit the EU. Shortly before, the “KPMG’s Corporate and Indirect Tax rate Survey 2009”(2) (“the KPMG survey”) presented its report on the evolution of corporate tax rates around the world since 1993.
While EU corporate income tax rates and VAT rates have stopped their continuous decrease as from 2009 (I), the EU personal income tax rates followed the trend and even increased as from 2010 (II). This article aims at giving, based on the above sources, a high level overview of the evolution of EU corporate tax and VAT on the one hand, and on the changes...
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