The European Commission published recently on its website a new database which offers users the facility to search and find the VAT & Tax rates in force across the Member States. The database contains information as provided to the European Commission by the Ministries of Finance of each Member State and covers the following types of taxes:
- All main taxes in revenue terms. These include notably personal income taxes, corporate income taxes, value added taxes, EU harmonised excise duties;
- The main social security contributions, and
- Other important taxes yielding at least 0.1% of GDP.
Access to the database is free for all users nevertheless information on this is not intended to constitute legal advice.