Tax law and fiscal policy are subjects which are generally considered to be close to the heart of the Single European Market, yet because of the complexity of EC tax law few have attempted to grapple with its multifarious difficulties. There is, strangely, little literature on the subject. This new book by two experienced EC lawyers fills that gap by examining in some detail the various tax regimes affecting the Community and uncovers the links between policy and law-making in a way which will give all readers a firm understanding of the principles of EC tax law.