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#FairTaxation: Macron 'should insist on swift and decisive action on tax reform'

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In a letter to the President of France, Emmanuel Macron, Green MEPs call for swift and decisive action on the proposals the European Commission and Parliament are supporting to reform Europe's tax system which the see as unjust and 'full of double standards. The MEPs are asking Macron to make this question part of his presentation on the 'Future of Europe', writes Catherine Feore.

Greens/EFA tax justice spokesperson Eva Joly said: "For two years, the proposal to improve the transparency of multinationals has been on the table, and for two years the Council has been procrastinating. It is unacceptable that European governments continue to block progress on combating tax evasion. The long overdue reforms need to be enacted to ensure that multinationals pay their fair share of taxes. We are calling on President Macron to show leadership and encourage his partners to reach agreement on the proposals for country-by-country public reporting and a common consolidated corporate tax base. Justice on tax has to be at the heart of Europe's future."

The MEPs write that public country-by-country reporting is a vital tool for improving the transparency of multinational companies and curbing tax avoidance.  While the proposal was made two years ago there has been no progress in the Council among finance minister. On the other hand, the European Parliament adopted its position more than nine months ago.

According to the MEPs several EU countries are 'hiding behind' arguments on legal competence on this issue, in order to prevent progress. Sweden, Germany, Ireland, Finland, Luxembourg and Austria are among those who make this argument and the Bulgarian Presidency remains vague as to how to overcome the blockage. The MEPs urge Macron to unlock the discussion.

MEPs are also calling for progress on the proposal for a Common Consolidated Corporate Tax Base, which they say the fairest and most efficient way to put an end to tax evasion by multinationals in Europe, including digital companies. The European Parliament adopted its opinion a month ago. The MEPs say that if there is no progress on this legislation, there is a real danger that the European Union will fail to deliver in the eyes of its citizens.

Link to the Greens/EFA letter.

 

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