Tax Directive
/ˈtæks dɪˌrɛktɪv/
Definitions
- (n.) An instrument issued by a governing body or authority that sets forth binding principles or procedures related to tax law, often used in the context of the European Union to harmonize tax regulations among member states.
The European Parliament adopted a new tax directive to standardize VAT rules across member countries.
Forms
- tax directive
- tax directives
Related terms
See also
Commentary
Tax directives typically require implementation by member states into national law, thus differing from regulations which are directly applicable.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.