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Harmonization of Direct Taxes in the European Community

  • Michael Daly
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)

Abstract

As laid out in the Treaty of Rome, the primary objective of the European Community is to raise living standards in ail member states by establishing a common market and progressively approximating their economic policies. This involves, among other things, the abolition of obstacles to the efficient allocation of resources and ensuring that competition is not distorted. The Single European Act, which was signed in 1986 and came into effect in July 1987, provided further impetus to the achievement of this objective by aiming for the completion of a single internai market by the end of 1992. The internai market is defined in the Single European Act as “an area without internai frontiers in which the movement of goods, persons, services, and capital is ensured...».

Keywords

Member State Transfer Price Direct Taxis Hurdle Rate Double Taxation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© SIPI Servizio Italiano Pubblicazioni Internazionali Srl 1994

Authors and Affiliations

  • Michael Daly
    • 1
  1. 1.OECDParis

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