Cum-ex tax fraud scandal: MEPs call for inquiry, justice, and stronger tax authorities

This article is brought to you in association with the European Parliament. MEPs on Thursday called for an inquiry, rule changes and stronger tax authorities as a result of the EUR 55 billion cum-ex tax fraud. The tax fraud, which was uncovered by a team of investigative journalists and has affected at least 11 EU member […]

The representatives of the regions and the cities know better what the EU needs on migration, trade, poverty and taxation

The 115th plenary of the European Committee of the Regions (CoR) was convened on 3 and 4 December and discussed a number of burning issues, which have been haunting the European Union during the last difficult years. The CoR is the voice of regions and cities of the European Union. Its 350 members are the […]

EU leaders let tax-evaders untouched

In tomorrows’ European Summit the 27 leaders of the European Union will have as main item in their agenda the fight against tax evasion and fraud. Reportedly without concrete results. According to the President of the Council, Herman Van Rompuy, this affair costs to member state budgets around €1 trillion every year. If only a […]

EU: Tax evasion and fraud flourish under political protection

It is a disgrace for the European Union’s political elite to consciously block the internal exchange of information between the member states authorities and banks on matters related to tax evasion and fraud. This is exactly what the 27 EU minister of Finance did yesterday in the Ecofin Council in Brussels. This unbelievable political decision […]

EU ready to relinquish its internal tax havens

The upcoming Ecofin and Eurogroup meetings in Dublin on 12 and 13 April may be informal but they are expected to introduce a ground breaking policy initiative. The new idea is that the 27 European Union countries should mutually abolish their banking secrecy rules and practices vis-à-vis the tax authorities of all member states. In […]