About: tax heavens

EU to give Turkey more time to avoid tax blacklisting

European Union diplomats have reached a preliminary agreement to give Turkey more time to meet tax transparency requirements, two diplomatic sources said, in a move that could weaken the bloc’s blacklist but at the same time avoid a new clash...

In Fukuoka, EU to focus on trade tensions at G20, seek tax on digital firms

Resolving global trade tensions must be a top priority to preserve an expected modest rebound in global growth, European Union finance ministers will tell G20 counterparts this week amid an escalating US-Chinese trade conflict.

Extreme wealth continues to grow in 2017

According to an Oxfam report, 2017 registered a record high of millionaires, with a new millionaire every two days - a trend largely supported by tax evasion practices. EURACTIV.fr reports.

Former Commissioner Kroes named in new offshore leak

Former European Commissioner Neelie Kroes, once Brussels' most feared corporate watchdog, failed to declare her directorship of an offshore firm, leaked files showed yesterday (21 September).

Analysts support increased transparency to fight tax havens

Responsible corporations paying their taxes and revealing their ownership structure could be a possible solution in the fight of Europe against tax evasion and tax havens which cost billions of euro annually. EURACTIV Czech Republic reports.

Luxembourg tax deals weigh on Juncker

More than 300 companies, including PepsiCo Inc, AIG Inc and Deutsche Bank AG, secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. Commission President Jean-Claude Juncker, a former prime minister of Luxembourg, was asked yesterday (5 November) to comment.

Offshore deposits move from Cyprus to Latvia

Offshore funds flowing from crisis-hit Cyprus have helped boost bank deposits in Latvia, strengthening the small Baltic state's position as an offshore banking centre for neighbouring Russia and other ex-Soviet states, recent data reveal.