Within the European Union EU), tax rates have been standardized to end competitive tax breaks among member countries.

Question

Quizplus · Accepted Answer

Tax rates in the European Union have not been fully standardized and there are still variations among member countries. However, there have been efforts to harmonize certain taxes, such as value-added tax (VAT) and corporate tax rates, to prevent harmful tax competition.

Within the European Union EU), Tax Rates Have Been Standardized