Summary
The European Parliament has decided to set up a special committee (TAX3) to investigate financial crimes, tax evasion, and tax avoidance, building on previous investigations into the digital economy and VAT fraud. 10 01.03.2018
Other
economy
finance
taxation
public administration
international relations
Key points
In force from 01/03/2018 Out of force from 01/03/2019
- The European Parliament is establishing a special committee (TAX3) dedicated to fighting financial crimes and tax avoidance.
- The committee will build upon and complement the work of previous investigative committees (TAXE 1, TAXE 2, and PANA).
- A major focus will be investigating VAT fraud and the implications of the Paradise Papers revelations.
- The committee will examine the taxation of the digital economy and national schemes that provide tax privileges through citizenship programs.
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