What kinds of taxes are there?
Purpose:
Students should understand the main types of taxes in force in the European Union.
Objectives:
Identify and understand the main types of taxes in force in Member States.
Understand the differences between direct and indirect taxes.
Explain the need for taxing individuals’ and companies’ activities.
Identify in which category each of the presented examples fits best.
The content of this training course:
- is of general nature only and is not intended to address the specific circumstances of any particular individual or entity;
- does not provide professional or legal advice;
- is valid as of the date of its publication. Updated VAT rates can be consulted on EUROPA.
Only European Union legislation published in the Official Journal of the European Union is deemed authentic.
Materials:
Micro-clip “What kinds of taxes are there?”
Interactive whiteboard (or just an LCD projector)
Vocabulary:
taxes, direct and indirect taxes, corporate taxes, excise duty, VAT