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Extracts from tthe press conference by László Kovács on measures taken to improve transparency, exchange of information and fair tax competition

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On 28 April the European Commission has adopted a Communication identifying actions that EU Member States should have taken to promote "good governance" in the tax area (i.e. more transparency, exchange of information and fair tax competition). The Communication identified how good governance could have been improved within the EU. It also listed the tools the EU and its Member States have at their disposal to ensure that good governance principles be applied at international level. Finally, it called on Member States to adopt an approach that was more coherent with good governance principles in their bilateral relations with third countries and in international fora. The Communication built on the existing EU policy on good governance and the recent G20 conclusions concerning uncooperative tax jurisdictions. At a press conference in Brussels, László Kovács, Member of the EC in charge of Taxation and Customs Union, presented these actions to improve transparency in the tax area, exchange of information and fair tax competition. Our purpose is to have the principle of good governance in tax matters at global level, including Switzerland and including countries in the Far East or in the other parts of the globe, the Commissioner told journalists. Commission is not acting at all against Switzerland, said László Kovács.
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Type: EbS   Reference: 63316   Date: 28/04/2009   Duration: 00:03:03
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