CONSIDERATIONS ON FISCAL POLICY OF THE EUROPEAN UNION MEMBER STATES

The fiscal policy concept is often presented with different shades, usually pointing out its side concerning the tax system promoted by a state. In fact, fiscal policy can be conceived only as a mixture between the methods of procurement of resources available to the state and those regarding the destinations that are given to these resources, in the performance of its functions and tasks. Fiscal policy represents the aggregate of decisions that are taken in order to achieve the structural modeling of the tax system, the guarantee of its functioning in order to accomplish the desired aims in economics by the public decision-making person. Therefore, fiscal policy is a component of the state financial policy, including all the regulations on the establishment and collecting of taxes and materializing the state's options about taxes, also the decisions concerning public expenses that are financed. But, its components must be concerted with those of the budgetary or monetary policy, also of the price policy and the employment policy etc., so that they become integrated into the general policy. When it comes to taxation, European policy has two major components: direct taxation - which is the responsibility of member states and indirect taxation, which affects the free movement of goods and services. Member states have already taken measures to prevent tax evasion and double taxation, and European policy in this area aims to ensure that on the home market the competition is not distorted by differences between the systems and the installments of indirect taxation. Moreover, measures have been taken to prevent the negative effects of competition in taxation, which may arise in case of assets transfers between EU member states.