Combatting Aggressive Tax Planning

Summary

A report by the European Parliament's TAXE 2 committee calling for stronger measures against aggressive tax avoidance and increased transparency to prevent profit shifting.
10 06.07.2016
Other
economy
taxation
human rights
social policy
european union
administrative reform
international relations
business and competition
public finance and budget policy
information technology and data processing

Key points

  • The report identifies an urgent need to fight tax evasion and aggressive tax planning to restore tax justice.
  • Aggressive tax practices are estimated to cause massive revenue losses for governments globally.
  • The committee recommends creating a common Union-wide list of uncooperative jurisdictions (tax havens).
  • There is a call for Member States to implement better rules regarding the tax-free flow of dividends and beneficial owner tests.
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