About: tax evasion

Economy & Jobs 22-03-2022

Researchers call for EU Asset Registry to better implement sanctions

Researchers from the EU Tax Observatory and the World Inequality Lab argue that a comprehensive overview of assets held by wealthy individuals is needed to implement the sanctions against Russian individuals effectively.
Economy & Jobs 30-12-2021

2022: Fiscal showdown in uncertain economic circumstances

The EU's economic policy agenda for the coming year is packed with negotiations on the bloc's fiscal rules, tax policies, minimum wages, and financial regulations. Here is a comprehensive look at what is coming up.
EU Commissioner Gentiloni at a press conference in Brussels
Economy & Jobs 23-12-2021

Commission presents directives against tax competition and shell companies

The EU Commission presented its proposal for a directive to implement the minimum tax in the EU along with a directive that should make it hard to evade taxes through shell companies.
Economy & Jobs 26-10-2021

International taxation and green public investments

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A recent event hosted by a range of think tanks looked at current fiscal policy challenges. As public finance plays a role in the transition towards a green economy, it is crucial to examine how the public purse can access...
Economy & Jobs 26-10-2021

How rich countries profit from the OECD tax deal

Rich countries profit more from the recently announced OECD tax deal than developing countries, according to a new policy study, putting claims that the global tax system had become fairer into question.
Brexit 06-10-2021

London at heart of global tax-dodging network: NGO

Campaigners are calling on the government in London to take tougher action against tax havens, after the Pandora Papers shone a light on British overseas territories in a global tax-dodging network.
Global Europe 05-10-2021

State Department says US is reviewing findings from Pandora Papers

The United States is reviewing findings of leaked financial documents known as the Pandora Papers, but is not in a position to comment on specifics, State Department spokesman Ned Price said on Monday (4 October).
Global Europe 05-10-2021

Leaders deny wrongdoing under the ‘Pandora Papers’ revelations

World leaders were on the defensive on Monday (4 October) after the release of millions of documents detailing how heads of state use offshore tax havens to stash assets worth hundreds of millions of dollars.
Economy & Jobs 02-06-2021

EU reaches deal on tax transparency for multinational firms

European Union government and parliament negotiators reached a deal on rules that will force large multinational companies to disclose how much revenue and tax they pay and how much in countries considered tax havens by the EU.
Economy & Jobs 11-03-2021

‘OpenLux’ showed need for tougher enforcement of EU tax rules, says Gentiloni

The "OpenLux" investigation showed a need to better implement European Union tax rules and to strengthen tax-related disclosures by companies, a top EU official said on Wednesday (10 March).

UAE now among world’s top ten tax havens

The UAE has entered the world's top ten tax havens for the first time, research showed Tuesday (9 March), in a report flagging OECD nations and their dependencies for more than two-thirds of "global corporate tax abuse".
Economy & Jobs 25-02-2021

Global agreement on corporate tax rates needed, UN report states

The international community should agree on the establishment of a global minimum corporate tax rate, according to a new UN report published on Thursday. The proposal is part of a package of reforms to combat tax evasion and money laundering and ensure that cash strapped governments can boost their public finances in the wake of the COVID-19 pandemic.
Economy & Jobs 01-10-2020

Tax subcommittee chair: Donohoe is not ideal candidate to lead Eurogroup

Paul Tang has been elected chair of the new permanent tax subcommittee the European Parliament has created. In an interview with EURACTIV, the Socialist MEP said one of his key goals is to "crack down on tax avoidance", and he therefore wants to strengthen ties with national parliaments and get them involved in the fight against fiscal dumping in the EU.
Botswana 29-09-2020

Africa loses $89 billion a year to illicit capital flight, UN report finds

African countries lose an estimated $88.6 billion each year, equivalent to 3.7% of the continent’s economic output, in illicit capital flight, according to the UN Economic Development in Africa Report 2020 published on Monday (28 September).
Coronavirus 19-03-2020

Pope says Italy tax dodgers bear partial blame for virus health care crisis

Pope Francis has put a further spotlight on the Italian health services' struggle to cope with the coronavirus outbreak, by backing a prominent journalist's complaint that tax dodgers were partly to blame.
Economy & Jobs 16-10-2019

Tax policy expert: Closing the tax gap can drive political change

Harmonisation of tax rates across the EU should be conducted cautiously, leaving member states the flexibility of setting rates in order not to jeopardise a healthy competition at the national level, says Grzegorz Poniatowski from the Polish think-tank Centre for Economic and Social Research.
Internet governance 13-09-2019

Google agrees on $1 billion tax settlement with France

US internet giant Google has agreed a settlement totalling $1 billion to end a tax dispute in France under an agreement announced in court on Thursday (12 September).
EU Elections 2019 16-05-2019

Voting record of the far-right in EU Parliament contradicts rhetoric – report

The voting record of 11 far-right parties in the European Parliament demonstrates their affinities with the interests of large corporations and financial institutions, rather than the interests of people they claim to defend. EURACTIV France reports.
Economy & Jobs 03-04-2019

EU tells Britain to reclaim illegal tax breaks offered to multinationals

A preferential UK tax scheme designed to attract multinational companies partially violated EU state aid rules, the European Commission concluded on Tuesday (2 April), calling on British authorities to recover the undue tax breaks, only a few days away from Brexit.  
Economy & Jobs 29-03-2019

EU Parliament condemns insufficient measures against tax evasion and fraud

The European Parliament approved a report during its plenary session requesting EU institutions and member states to adopt measures against money laundering, fiscal fraud and tax evasion, EURACTIV's media partner Euroefe reports.
Economy & Jobs 12-03-2019

EU tax haven blacklist triples to include 15 countries

EU finance ministers approved on Tuesday (12 March) the addition of 10 more countries to the EU's blacklist of tax havens, which currently includes only five jurisdictions and aims to help prevent tax fraud or evasion.
Economy & Jobs 21-01-2019

World’s 26 richest own as much as 3.8 billion poorest: Oxfam

Billionaire fortunes increased by 12% a day in 2018, while the 3.8 billion poorest people saw their wealth decline by 11% a day, according to a report released by Oxfam to mark the opening of the World Economic Forum (WEF) in Davos. 
Politics 28-09-2018

New controversy hits Spanish PM Sánchez’s bumpy start

Beloved in Brussels, on the ropes in Madrid, the Spanish socialist government faced this week one more scandal after it was reported that star minister and former astronaut Pedro Duque used a legal entity to pay lower his tax bill.
Economy & Jobs 24-09-2018

Third of EU financial secrecy comes from inside its borders, report finds

People or firms in the European Union that wish to keep their financial affairs secret more often find the services they require inside the EU than in one of the tax havens blacklisted by the bloc, the Tax Justice Network (TJN) said on Sunday (23 September).