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More European cooperation to fight tax evasion and stamp out loopholes
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Published on 27-06-12

Minimum sanctions for tax crimes, a cross-border tax identification number and stronger common measures against tax havens. These are ideas that the Commission has put forward to EU leaders meeting this week. This comes at a time when tax evasion and avoidance is a high-profile political issue in the UK. The measures the Commission advocates would help the UK and all other Member States to collect more tax revenue.

    Algirdas Šemeta, Commissioner for taxation

    Algirdas Šemeta, Commissioner for taxation

    Algirdas Šemeta, Commissioner for taxation, customs, anti-fraud and audit, said:

    "Let there be no illusion: tax evaders steal from the pockets of ordinary citizens and deprive Member States of much-needed revenue. If we want fair and efficient tax systems, we must stamp out this activity. The political will to intensify the battle is there. Now it is time to translate that into action. As a Union of 27, we have a powerful advantage - strength in numbers. If we play as a team, with a common strategy, we can defeat the fraudsters and evaders, and reclaim vast sums of money that are legitimately due."

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    Last update: 29/06/2012  |Top