OrbitaxEuropean Commission Publishes Taxation Trends Report 2017
|Approved Changes|European Union
On 11 July 2017, the European Commission published the 2017 edition of the report, Taxation Trends in the European Union - Data for the EU Member States, Iceland and Norway. The following is from the press release on the report.
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Revenues from consumption taxes including VAT and excise duties were up for the EU-28 as a percentage of GDP in 2015, a study published today by the European Commission has found.
However, the share of consumption taxes of total revenue rose only slightly to 28.…