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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.



The original post is about income tax. While VAT is a tax, it is not an income tax.


The post I responded to asked:

     Are there any countries with good, reasonable tax systems?
VAT is a reasonable alternative to income taxes but neither the question nor my response ever specified "income".


Most places a VAT is not instead of income tax but instead of sales tax. Do you know of anywhere with VAT but no income tax?


Many places, Canada included, have both a VAT-like sales tax and an income tax.


Not even remotely correct.

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.


The EU doesn't have income tax? I think that's false.


Neither the question nor my response ever specified "income".


>At the end of the year, there is nothing to report and nothing to pay.

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?




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