Phrases with «fiscal sovereignty»

Fiscal sovereignty means that a country has the power and control to make decisions about its own finances and taxes without outside interference. It refers to a nation's ability to determine its own economic policies and manage its own budget without relying on or being influenced by other countries or international organizations. Full definition

Sentences with «fiscal sovereignty»

  • The latest solution, a compact that would see states surrender fiscal sovereignty to a central authority, is necessary but arrives a decade too late. (canadianbusiness.com)
  • Therefore, this judgement follows the doctrine of fiscal sovereignty and clear distribution of tax prerogatives between Member States. (eurocaselaw.eu)
  • There is a delicate balance between the Commission's State aid powers and Member States fiscal sovereignty in the area of corporate taxation. (lawyer-monthly.com)
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