Extracts from the EC Midday press briefing by Emer Traynor, Spokesperson of Algirdas Šemeta, on Tax evasion
Type: Midday briefing - summary
Brussels - EC/Berlaymont
On 10 April 2013, Emer Traynor, Spokesperson of Algirdas Šemeta, Member of the EC in charge of Taxation, Customs, Statistics, Audit and Anti-Fraud, made a declaration during the midday press briefing on the statement made by Prime Minister Juncker announcing that Luxembourg is ready to move to the automatic exchange of information in line with the EU Savings Directive and as is already applied by other 25 Member States.
Only the original language version is authentic and it prevails in the event of its differing from the translated versions.
||Exterior view of the Berlaymont building
||Soundbite by Emer Traynor, Spokesperson of Algirdas Šemeta, Member of the EC in charge of Taxation, Customs, Statistics, Audit and Anti-Fraud (in ENGLISH): We would like to warmly welcome the statement made by Prime Minister Juncker this morning that Luxembourg is ready to move to the automatic exchange of information in line with the EU Savings Directive and as is already applied by other 25 Member States. We will hope that this will now mean very quick adoption of the EU revised savings directive and the mandate to negotiate with five neighbouring countries which has been on the table in the ECOFIN for some time. This means that Austria is the last Member State not being applying for the automatic exchange of information. We understand that our discussions ongoing in Austria at the moment in this issue and we hope they will be able to follow Luxembourg's lead.
||Cutaway of photographers
||Soundbite by Emer Traynor (in ENGLISH): We welcome as a sign of commitment to moving further and faster in the fight against tax evasion and any willingness to apply automatic exchange of information on a wider basis is welcome and full in line with what Commission has been advocating for some time. What we need to remember is that there are already many tools on the table which could move towards the same goals as the five lines in this letter but faster than instituting any new initiative. More over the tools, we have proposed over progress a 27 rather than just 5 which is obviously a more effective approach when it comes to tackling a cross border problems of tax evasion.
||General view of the press conference