EUROPEAN LEADERS SPEED UP LEGISLATIVE MEASURES TO FIGHT TAX EVASION

EUROPEAN Union (EU) heads of states and governments have urged their ministers to agree important pieces of draft EU legislation that could potentially curb tax evasion in the bloc.Meeting during a European Council meeting in Brussels last week (May 22), leaders were under pressure to act from media reports revealing how much untaxed incomes politicians, companies and rich business owners have stashed in tax havens. They were also painfully aware how badly that plays against tight government finances and rising poverty levels. As the result, a communiqué from ...


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