Europe overview
Tax authority: European Commission (DG TAXUD). Income tax is run by each member state's own tax authority. Each member state sets its own tax year.
Main taxes
Income tax
There is no EU income tax. Each member state sets its own rates and deadlines. You are usually tax resident where you spend more than six months a year.
VAT
EU law sets a 15% minimum standard rate and allows up to two reduced rates of at least 5%. Actual rates differ by country.
Double taxation
If two countries tax the same income, relief comes from bilateral tax treaties, not EU law.
Latest pages
Currency rates
- USD…
- EUR…
- GBP…
- AED…
- SGD…
- CAD…
Rates as of 2026-11-03 · Source: European Central Bank reference rates. Indicative rates for reference only, not for transactions. Converter →