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Combating Money Laundering and Tax Evasion in the EU

Summary

A recommendation to strengthen EU laws against money laundering, tax evasion, and aggressive tax avoidance following the Panama Papers inquiry.
10 13.12.2017
Other
economy
finance
taxation
transport
human rights
european union
administrative law
public administration
public finance and budget policy
information technology and data processing

Key points

  • The European Parliament calls for a major overhaul of tax and anti-money laundering systems to restore public trust.
  • There is an urgent need to define digital business establishments to ensure companies are taxed where they generate revenue.
  • The document highlights concerns regarding breaches of existing anti-money laundering directives and calls for better cooperation between intelligence units.
  • The Parliament recommends creating a common EU list of non-cooperative tax jurisdictions (tax havens) and applying sanctions against them.
Documents (PDFs)
EUROPEAN PARLIAMENT DRAFT RECOMMENDATION TO THE COUNCIL AND THE COMMISSION following the inquiry into money laundering, tax avoidance and tax evasion Recommendation following the inquiry on money laundering, tax avoidance and tax evasion
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.