After Implementation of the Single European Act,value Added Taxes in the EU

question 45

Multiple Choice

After implementation of the Single European Act,value added taxes in the EU were

• A)completely harmonized.
• B)unchanged.
• C)partially harmonized with minimum and maximum permissible values set by the EU.
• D)cut in half in order to increase the role of corporate taxes.

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Definitions:

Constraining Influence

Factors or forces that limit or restrict actions, behaviors, or decisions.

Globalization

The method through which companies or different entities gain international impact or begin to function globally, resulting in a greater linkage among global economies, cultures, and communities.

Proponents

Individuals or groups who support a particular idea, policy, or project.

Opponents

Opponents are individuals or groups who are in competition against each other or who hold differing views or positions on a particular issue.