The WTO and other non-tax treaties

Inhaltsangabe:Abstract: The creation of the World Trade Organization (hereafter „WTO”) in 1995 was a turning point in the history of international trade. For the first time an international organization was given the acutely significant mission of enacting and supervising a code of conduct for international trade relations. If areas of misbehavior are identified interventions can be initiated within the WTO’s legal competence. A well-engineered dispute settlement mechanism provides the instrument for ensuring compliance with the standards imposed. Tax-related distortions of international trade result from both tariff and non-tariff barriers. Taxation has the potential of having obstructive effects on trade – a phenomenon which the WTO is very well aware of. The principal objective of this thesis is to describe the WTO’s impact on a country’s latitude to design its fiscal measures in light of the effect on foreign trade. In this respect the WTO’s provisions that relate to taxation are of particular significance. First after the relevant provisions have been identified a test will be applied to show the resultant repercussions on taxation. The General Agreement on Tariffs and Trade 1994 (hereafter „GATT”) and the subsequent General Agreement on Trade in Services (hereafter „GATS”) – representing two core agreements of the WTO – will be scrutinized in separate chapters. However to avoid going beyond the scope of this paper the agreements will only be dealt with in a limited way. Thus any references to subsidizing will be disregarded. Although the author is very aware of the practical importance of subsidies within the WTO framework limits had to be drawn. Primarily the thesis will give an introduction to the agreements’ legal status within the European Union and the single European Member States. Focus will be on the impact of the WTO in the respective legal orders. Moreover the repercussions on individual parties will be addressed as well. Finally the