BRUSSELS MAY MAKE TAX FRAUD A PREDICATE MONEY LAUNDERING OFFENCE, EU TAXATION COMMISSIONER SAYS
January 1st, 2013
THE EUROPEAN Commission is considering proposing that tax fraud be officially made predicate offences generating money laundering across the European Union (EU), the EU taxation Commissioner Algirdas Šemeta told a European Parliament hearing on tax fraud and tax evasion in Brussels yesterday (Wednesday).Looking ahead to oncoming proposals for a fourth money laundering directive on February 5, Šemeta said the change could be imposed “in the context” of this proposed legislation.According to the commissioner, this move “would facilitate the cooperation ...
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