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The commission's budget review report is due out in late 2008 or early 2009 (Photo: European Commission)

German study shoots down EU tax idea

by Honor Mahony, Brussels,

A study conducted for the German finance ministry has concluded that an EU-wide tax would lead to unfair differences between EU citizens and that the resulting correction mechanisms would make it too complicated to introduce.

Conducted by the Centre for European Economic Research (ZEW) in Mannheim, the study says that some of the pro-EU-tax camp's arguments - that it will be more transparent than the current system and that the EU institutions will have revenue autonomy - are "seriously...

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The commission's budget review report is due out in late 2008 or early 2009 (Photo: European Commission)

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