RSSTaxation

Plenary backs ambitious S&D proposal to tax more #TechGiants

Plenary backs ambitious S&D proposal to tax more #TechGiants

| December 13, 2018

Today (13 December), the Socialists and Democrats led a broad coalition in the plenary to include digital provider companies such as Netflix or iTunes (Apple) in the digital services tax (DST). The S&Ds lamented the rejection by the conservatives and the liberals of a proposal to increase the tax rate on digital services provided by […]

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#EUMercosur trade deal risks fuelling tax dodging – study

#EUMercosur trade deal risks fuelling tax dodging – study

| December 6, 2018

The latest in a series of studies commissioned by the European Parliament’s Left group (GUE/NGL) looking into EU taxation is being launched, with the focus shifting onto the problems that could arise under a free trade agreement between the EU and the Mercosur, MEFTA. Written by three Argentines – financial crimes investigator Magdalena Rua plus […]

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Cum-ex tax fraud scandal: MEPs call for inquiry, justice, and stronger tax authorities

Cum-ex tax fraud scandal: MEPs call for inquiry, justice, and stronger tax authorities

| December 3, 2018

MEPs last week called for an inquiry, rule changes and stronger tax authorities as a result of the €55 billion cum-ex tax fraud. The tax fraud, which was uncovered by a team of investigative journalists and has affected at least 11 EU member states and cost taxpayers up to €55bn, was already the subject of […]

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#ParadisePapers – Commission follows up on illegal tax breaks for yachts and aircraft

#ParadisePapers – Commission follows up on illegal tax breaks for yachts and aircraft

| November 12, 2018

The Commission has stepped up its agenda to tackle tax avoidance in the yacht and aircraft sectors by implementing infringement proceedings on tax breaks being applied in the pleasure craft industries of Italy and the Isle of Man. These provisions can generate major distortions of competition, as highlighted by last year’s ‘Paradise Papers’ leaks. In […]

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#CumEx scandal ‘epitomizes scale of white-collar crime’

#CumEx scandal ‘epitomizes scale of white-collar crime’

| October 24, 2018

The latest and potentially biggest tax evasion scandal to engulf the EU to date has been debated by MEPs in Strasbourg, with Left MEPs demanding urgent concrete action to stop this and other fraudulent practises inside the EU once and for all. With at least €55 billion lost to taxpayers across 11 European countries over […]

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Europe’s harmful #TaxDeals with #PoorCountries detailed in new study

Europe’s harmful #TaxDeals with #PoorCountries detailed in new study

| October 1, 2018

Europe’s damaging impact on developing countries via bilateral double tax treaties has been laid bare in a new study released by the European Parliament’s European United Left/Nordic Green Left (GUE/NGL). Written by the LSE’s Martin Hearson, The EU’s Tax Treaties with Developing Countries – Leading By Example? looks into 172 tax treaties currently in place […]

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#AccidentalAmericans: EU must stand up to US over double taxation of EU citizens #FACTA

#AccidentalAmericans: EU must stand up to US over double taxation of EU citizens #FACTA

| July 9, 2018

S&D MEPs have called for the European Commission to act to protect EU citizens affected by the US Foreign Account Tax Compliance Act (FATCA). The US is one of only two countries in the world to tax people based on citizenship rather than place of residence.   S&D Group spokesperson for the Parliament’s petitions committee, […]

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