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14.2.4.  Other indirect taxation in the EU

    Various other indirect taxes whose harmonisation is important for European integration also exist in addition to value added tax and special taxes on consumption. Examples of these are taxes on insurance policies and taxes on motor vehicles intended for the carriage of passengers, which vary greatly between Member States. The Commission proposes a number of policy measures and initiatives in the area of passenger car taxation, in order to provide definitive solutions for the problems faced by citizens and the car industry, and thus improve the functioning of the internal market. It explores the possibilities of modernising and simplifying the existing vehicle taxation systems, and in particular of including new parameters in the tax bases of passenger-car related taxes, in order to make them partially or totally CO2 based [COM/2002/431]. Since registration tax appears to be the source of most problems encountered in this area, the Commission suggests, as a valid option for future action, a gradual reduction in this tax and preferably complete abolition over a transitional period matched with the gradual transfer of registration tax to annual circulation tax and fuel tax.

    The indirect taxes on the raising of capital, namely the capital duty (the duty chargeable on contributions of capital to companies and firms), the stamp duty on securities, and duty on restructuring operations, regardless of whether those operations involve an increase in capital, give rise to discrimination, double taxation and disparities which interfere with the free movement of capital. Therefore, a directive harmonises the legislation on indirect taxes on the raising of capital in order to eliminate, as far as possible, factors which may distort conditions of competition or hinder the free movement of capital [Directive 2008/7].

    11 Member States, namely Belgium, Germany, Estonia, Greece, Spain, France, Italy, Austria, Portugal, Slovenia and Slovakia are authorised to establish enhanced cooperation between themselves in the area of the establishment of a common system of financial transaction tax, by applying the relevant provisions of the Treaties [Decision 2013/52].

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