The impact of aggressive tax planning on small and medium-sized enterprises, the need for a common European approach against aggressive tax planning and proposals to act against tax havens were discussed by MEPs with their national counterparts on Monday. The talks in TAXE 2 committee came against the backgdrop of recent public furore over the Panama papers.
Representatives from national parliaments of 19 EU member states joined their European counterparts to discuss recent measures to crack down on aggressive tax planning and what more could be done to tackle the loss of tax revenue which, according to the European Parliamentary Research Service is estimated to cost the EU 50-70 billion euro each year. The MPs agreed measures to combat aggressive tax planning can only be agreed at a European level, but that ultimately, it is up to national authorities to act on the issue of tax and tax avoidance.
Press release

Informatiesoort: Nieuws

Rubriek: Europees belastingrecht

H&I: Previews


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