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Tax avoidance
Tax avoidance
Press release |

Oxfam report on tax blacklist

Oxfam have published their latest findings into the EU's tax haven blacklist. European Union finance ministers will sign off on an updated EU black list next week, where it expected that several key tax havens will be removed from the list.
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Tax avoidance
Tax avoidance
Press release |

Troika Laundromat leak

The OCCRP have just released their investigation the "Troika Laundromat", exposing how 4.6 billion USD from Russia and elsewhere was channelled through European banks and businesses, in what appears to be efforts to obscure the origin of the funds involved.
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© Andrey Prokhorov
Financial operations © Andrey Prokhorov
Press release |

European Semester Winter Package

The European Commission's has just published its European Semester 'winter package', which upgrades Greece's macroeconomic inequalities to "excessive", but leaves Germany with its previous assessment.
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Press release |

New EU blacklist successful tool to combat money laundering

The European Commission has unveiled its 'blacklist' of 23 jurisdictions where there is a significant risk of money laundering. The list contains 'third country' jurisdictions and includes places such as the Bahamas, the US Virgin Islands, Panama and Saudi Arabia. The list will require all traders in the EU doing business in goods or s…
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Press release |

Transparency International Corruption Index

Transparency International released their annual Corruption Perceptions Index, which showed that among others Hungary has slid in score considerably over the five years. Malta, Romania and Bulgaria have all slipped significantly in TI's rankings in the last year.
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© luke-stackpoole-unsplash
London
Event |

Brexit and the future of tax havens

The conference will address the UK’s role in financial secrecy services and the tools that the EU should mobilise to prevent the UK from evolving towards a tax haven on the EU’s doorstep. It will also assess the tax reforms that have been adopted in recent years at EU level and make recommendations to address the remaining loopholes in or…
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Jigsaw and money © alexsl
Jigsaw and money
Press release |

Vast differences in corporate tax rates across EU shows urgent need for transparency – new report

Today, a new report by the Greens/EFA group in the European Parliament shows the privileges given to multinationals through low corporate tax rates across Europe. The report 'Effective Tax Rates of Multinational Enterprises in the EU' quantifies the difference between nominal and effective tax rates for multinationals in the EU. Effective…
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Camilo Rueda López (CC BY-ND 2.0)
VAT receipts
Press release |

European Parliament supports greater cross-border cooperation between tax authorities

The European Parliament has voted with a broad pro-European majority in favour of the Fiscalis programme for improving cross-border cooperation between tax authorities, which is part of the Multi-Financial-Framework (MFF) programmes currently being negotiated between the Parliament, Council and Commission.
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(C) Lars Aronsson
euro-symbol
Press release |

Reforms too little to avert the next crisis

Eurozone finance ministers have emerged from an overnight meeting with proposals for reforms of the single currency. The proposals agreed to include a Eurozone budget. However, these reforms do not go far enough to prevent the next crisis, according to the Greens/EFA group in the European Parliament.
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©Jainav 46
Press release |

European Parliament condemns 'Cum Ex' tax fraud and demands EU-wide investigation

“The perpetrators behind these schemes must be brought to justice and complicit banks must be held to account for facilitating these crimes. The silence and inaction of the Member States and their Finance Ministers is shocking", commented Sven Giegold, Greens/EFA spokesperson on economics and finance.