COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES

Although fiscal harmonization with regard to indirect taxation has been achieved right from the beginning of the European Union, as regards direct taxation, Member States have much more freedom of decision, which leads to the diversity of tax systems and to differences in competitiveness through the...

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Main Author: Delia IANCU
Format: Article
Language:English
Published: University of Pitesti 2019-12-01
Series:Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
Subjects:
Online Access:http://economic.upit.ro/repec/pdf/2019_3_23.pdf
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author Delia IANCU
author_facet Delia IANCU
author_sort Delia IANCU
collection DOAJ
description Although fiscal harmonization with regard to indirect taxation has been achieved right from the beginning of the European Union, as regards direct taxation, Member States have much more freedom of decision, which leads to the diversity of tax systems and to differences in competitiveness through the use of fiscal instruments. Therefore, we describe Romania's position in the European context regarding fiscal competitiveness. Taking into account the recent reforms implemented by the European countries, we have focused on the general tax burden and direct taxation, taking into account the indirect taxes and social contributions paid by both employers and employees. The present paper also makes a series of recommendations regarding the directions of evolution of the fiscal policy of the European Union in the next period. On the one hand, fiscal policy must be designed to support nominal and especially real convergence in the European Union. At the same time, fiscal policy must be flexible enough to alleviate any internal and external shocks generated by accession.
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series Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
spelling doaj-art-a23f0c1cd1594a6eaa1517cb6e5de0d02025-08-20T02:51:35ZengUniversity of PitestiBuletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice1583-18092344-49082019-12-01183175181COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIESDelia IANCU0University of Craiova, RomaniaAlthough fiscal harmonization with regard to indirect taxation has been achieved right from the beginning of the European Union, as regards direct taxation, Member States have much more freedom of decision, which leads to the diversity of tax systems and to differences in competitiveness through the use of fiscal instruments. Therefore, we describe Romania's position in the European context regarding fiscal competitiveness. Taking into account the recent reforms implemented by the European countries, we have focused on the general tax burden and direct taxation, taking into account the indirect taxes and social contributions paid by both employers and employees. The present paper also makes a series of recommendations regarding the directions of evolution of the fiscal policy of the European Union in the next period. On the one hand, fiscal policy must be designed to support nominal and especially real convergence in the European Union. At the same time, fiscal policy must be flexible enough to alleviate any internal and external shocks generated by accession.http://economic.upit.ro/repec/pdf/2019_3_23.pdffiscal systemfiscal policypublic revenue
spellingShingle Delia IANCU
COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
Buletin ştiinţific: Universitatea din Piteşti. Seria Ştiinţe Economice
fiscal system
fiscal policy
public revenue
title COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
title_full COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
title_fullStr COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
title_full_unstemmed COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
title_short COMPARATIVE ANALYSIS OF FISCAL SYSTEMS AND POLICIES
title_sort comparative analysis of fiscal systems and policies
topic fiscal system
fiscal policy
public revenue
url http://economic.upit.ro/repec/pdf/2019_3_23.pdf
work_keys_str_mv AT deliaiancu comparativeanalysisoffiscalsystemsandpolicies