BRUSSELS PRESENTS TAX EVASION AND AVOIDANCE ACTION PLAN
January 1st, 2013
THE EUROPEAN Commission has released formal guidance to European Union (EU) member states on fighting tax evasion and avoidance. In one of two ‘recommendations’ the Commission has advised member states to identify tax havens and place them on national blacklists, suggesting national governments take measures to pressure such non-EU jurisdictions to “apply EU governance standards” regarding tax transparency and payment. And in the other, the Commission has advised member states on how to combat “aggressive tax planning” by erasing “legal ...
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