Product details
- Categories: Companies, Business & Taxation, June 2023
- Publisher: OUP - Oxford University Press
- ISBN: 9780198833284
- Publication Date: 22/06/2023
- Binding: Paperback
- Number of pages: 304
- Language: English
Summary
Fiscal federalism refers to the division of fiscal powers — powers to
tax and spend — between different levels of government. The European
Union (EU) is often seen as a legislative giant on clay feet, and one of
the principal reasons for this feebleness is the lack of a significant
fiscal capacity at the Union level.
EU Fiscal Federalism: Past, Present, Future
explores ten aspects of the EU's fiscal constitution relating both to
the fiscal limits it imposes on Member States and the evolution of its
own fiscal policy. Bringing together an international and distinguished
group of scholars, this volume analyses the different legal dimensions
of fiscal federalism within the EU, from the various aspects of the
single market (free movement, banking union, state aid, tax
harmonisation) to the EU's budget and Economic and Monetary Union. The
essays provide a fascinating overview of the topic as well as a detailed
analysis of where EU fiscal federalism stands today and how it might
develop in the future.
Sweeping and thorough, EU Fiscal Federalism
addresses topics vital to maintaining and strengthening the Union's
fiscal capabilities. It will appeal to academics and students of
European Union law and political economy as well as European
policymakers.
Table of contents
Introduction, Alicia Hinarejos and Robert Schütze
Part I. The Internal Market of the Union
1:Fiscal Barriers in the Internal Market, Robert Schütze
2:Tax Powers and the EU State Aid Regime, Francesco de Cecco
3:The Harmonisation of Indirect Taxes, Edoardo Traversa and Elena Masseglia
4:The Harmonisation of Direct Taxes, Christiana Panayi
5:The Banking Union: From the Past to the Future, Kern Alexander
Part II. The Fiscal Policy of the Union
6:EU Fiscal Coordination: Past and Present, Antonio Estella
7:Never Waste a Good Crisis: On the Emergent EU Fiscal Capacity, Fabian Amtenbrink and Menelaos Markakis
8:EU Borrowing and Safe Assets, Michael Waibel and Sebastian Grund
9:EU Budget and Spending Powers, Cristina Fasone
10:Fiscal Union by Other Means? The ECB and the Courts, Alicia Hinarejos
Epilogue: Democratizing Fiscal Europe, Thomas Piketty and Antoine Vauchez