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by guillem_lefait
484 days ago
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The 28th regime will provide interesting insights on whether or not EU members are willing to move on fiscal harmonization. I live in Martinique, a French outermost region and although we are in the Caribbean, we are also in the EU.
This creates some friction as the standard CE norm is usually not available in neighbouring countries, therefore :
1. goods mostly come from EU (specifically France)
2. because goods have to travel across the ocean, prices are higher
3. because prices are higher, specific tax laws are maintained and new ones are introduced with the aim to make prices lower
4. specific tax law introduces another barrier and limit competition
5. because competition is low, prices are high(er) Harmonization vs the use of specific tax law/rules is a never ending discussion in Martinique. In the US mad king context, I'm looking forward to it. |
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