During the ECOFIN press conference, Commissioner Moscovici presented his priorities in the field of taxation. Fight against tax evasion, tax erosion and tax fraud rank high on his agenda.
He said in particular: "there is no time to waste in reducing any opportunities for abusive practices and aggressive tax planning. Also I observed a new spirit, in order to fight these practices of tax fraud, tax evasion, tax base erosion and to go on fighting bank secrecy and to move towards an automatic exchange of information as a global standard as by 2016. The European Union and the Commission want Europe to be in the lead, to become an example for these matters. In this context I want to highlight the important work of the G20 on base erosion and profit shifting (BEPS), which will be taken forward at the Summit in Brisbane next week, to which I will accompany President Juncker. We need to work hard to finalise this work in 2015."
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