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The EU does something useful.

For once. Here is the taxes in Europe database, an online tool that permits the user to perform searches on the basic tax structure of EU countries. I have already discovered that Romania taxes gambling wins at 16%, which seems a little mean. Anyway, worth playing around with, and I am dreaming of Estonia's apparent 11.9% income tax rate.

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Blogger Arthurian Legend said... 9:55 pm

It says that Gordo levies a 50% petroleum tax on UK oil companies' profits.

No wonder that at those confiscatory rates Gordo announced in the latest budget that tax on oil revenues had dropped by £5 billion in the 2006-07 fiscal year...  



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