The discussion today at ECOFIN on the EU Savings Tax Directive was a constructive one, and proof that all our Member States are now behind greater tax transparency.
While it is again disappointing that we could not get political agreement on this file today, it is clear that we are very near the finishing line.
Algirdas Šemeta, Commissioner responsible for anti-fraud, welcomed Member States' formal adoption today of the Pericles 2020 programme to help protect the euro against counterfeiting.
Algirdas Šemeta, EU Commissioner for Taxation, welcomed the European Parliament's strong support for a Standard VAT Return.
Algirdas Šemeta, EU Commissioner for Taxation, has welcomed the G20 Finance Ministers' agreement on a new global standard which will reinforce the fight against tax evasion and improve tax transparency worldwide.
The EU Council of Economic and Finance Ministers in Brussels today voted in favour of granting discharge to the Commission on the 2012 budget, in a recommendation to the European Parliament. The Council recommendation is an essential part of the budgetary discharge procedure, which is completed with a vote in the European Parliament plenary each Spring. The Commission will follow up carefully on the concrete recommendations on areas where further improvements could be made.
Speaking at the EU Competition Forum today, Commissioner Algirdas Šemeta underlined the importance of fair tax competition in the EU, and the measures being taken by the Commission to secure it.
"It is time for all FTT supporters to stand up and team up for progress. This means adapting to the reality of the situation today, and finding a way forward.
The broad based FTT is the one that the Commission – and many stakeholders and citizens – want. I still believe that it is the best option to achieve our legitimate objectives. But we must play with the cards we are dealt. If we want results, we must nurture what can be achieved, rather than relentlessly pursue what cannot.
Almost 45 million smuggled cigarettes, nearly 140.000 litres of diesel fuel and about 14.000 litres of vodka were seized during a major Joint Customs Operation (JCO). The Operation code-named "Warehouse" was carried-out in October 2013 by the Lithuanian Customs Service and the Lithuanian Tax Inspectorate in close cooperation with the European Anti-Fraud Office (OLAF), and with the participation of all 28 EU member states. As a result of Operation "Warehouse", a significant potential loss to the budgets of the European Union and its Member States was prevented. According to preliminary estimates, this would have amounted to about € 9 million in the form of evaded customs duties and taxes.
The European Commission proposed a framework to harmonise customs infringements and align the 28 national sets of related sanctions.
The European Commission has issued a Communication analysing and responding to reasoned opinions issued by national Parliaments regarding the compliance of the proposal to establish a European Public Prosecutor's Office.