The EU has VAT (value added tax) which is added to each purchase.
At the end of the year, there is nothing to report and nothing to pay.
It doesn't get much simpler than this.
At the end of the year, there is nothing to report and nothing to pay.
It doesn't get much simpler than this.
Are there any countries with good, reasonable tax systems?
Each country in the EU has different income tax systems and other types of tax. VAT is just one aspect that generally doesn't cover even half of the tax burden.
OP is talking about the overall tax system.
That is what I was reacting to. You still need to file taxes in the EU right? I know they have streamlined it a lot in most countries, but there is indeed something to report, no?