Doing Business in Europe
Contents:
1. Common Market
2. Tax System
3. International Concerns, Transnational Corporations and their policies
4. World Currency System
5. How to Sell in Western Market
1. Common Market
The first chapter deals mostly with the definition and pecularities of the so-called Common Market, formed from countries of European Union. The Common Market encloses European Union of Coal and Steel, European Economic Union and European Nuclear Energy Union. Since 1967 the European Union has the following non-national and intergovernmental bodies: Cabinet of Ministers, Commission of European Unions, European Parliament and Council of European Unions.
Before the 1970, the countries of European Union were supporting the budget of European Union at the cost of their national budgets. Since April 1970, the Common Market holds its own resources independently from budgets of supporting countries. This fact makes the administrative bodies of European Union independent.
2. Tax System
Common to Europe and all the world is the tax system which includes all or most of the following taxes: Income tax, Corporation tax, Trade tax, Turnover tax, Property tax, Heritage tax, Purchase of Land tax.
3. International Concerns, Transnational Corporations and their policies
These include the definite politics in the field of profitability of foreign branches. The policy is aimed to gain high profits in countries
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