A new tax report on key tax reforms implemented by the European Union member states during 2014   was published by the European Commission. The report point out that EU tax burden on labor is relatively high. It suggest the member states to reduce taxes on labor and to shift the tax burden to other revenue bases which has less impact to the growth and levels of employment.

The report also notes the member state’s real property tax policy and their incentives for debt financing under the systems of corporate tax, direct tax expenditure, value added tax rates and tax exemptions. It also report on environmental taxation, tax compliance and administration, and the impact on tax policy in the area of wealth distribution and income equality.