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This article is brought to you in association with the European Parliament. Parliament’s special tax committee on Wednesday adopted a detailed roadmap towards fairer and more effective taxation, and tackling financial crimes. The recommendations adopted by the Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) range from overhauling the system for dealing with […]
Last Tuesday, the White House and the US Treasury in concerted actions issued farfetched statements against the EU Commission. The EU executive’s decision ordered the US giant technology company Apple Inc. to pay additional taxes of up to €13 billion in Ireland. These instant and strong reactions clearly denote that the US sees this Brussels […]
The Panama Papers did not offer to the world community much more news than most people already knew. For example, the ‘revelation’ that a close friend to the Russian President Vladimir Putin was enormously rich without having labored for his wealth, is no news at all. Every Russian or informed citizen in the entire world […]
As the European Sting predicted early yesterday morning, the European Council meeting of 22 May, which regrouped once more the 27 EU leaders, turned out poor results on both subjects that occupied its agenda, namely ‘energy’ and ‘taxation’. Sting writer Maria Milouv wrote, “the European Council of the 27 EU leaders has only ‘energy’ and […]
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