Blog

29
nov

European Commission is going to stop tax evasion in EU

New measures to be proposed

On 5 December, the European Commission will adopt a comprehensive package to strengthen the fight against tax evasion and aggressive tax planning in the EU.

Tax evasion and avoidance deprive Member States of almost €1 trillion every year. Not only does this result in a serious loss of revenues for public expenditure, it also undermines the fairness of tax systems and creates competitive disadvantages for honest businesses. Given the cross-border nature of tax evasion and avoidance, stronger EU coordination is essential in tackling them.

ec.europa.eu