75% of Europeans Believe EU Should do More to Fight Tax Fraud
OREANDA-NEWS. Only death and taxes are certain in life - as the clich? goes - but that doesn't mean you have to like either. In the case of taxes, it's made worse by not everyone paying their fair share. According to the latest Eurobarometer survey commissioned by the European Parliament, 75% of all Europeans believe the EU should do more to fight tax fraud. Read on to find what the Parliament is currently working on to address the issue.
The fight for fair taxation in the EU became a priority for the Parliament long before the revelations of LuxLeaks and the Panama papers. Since the start of the economic and financial crisis, MEPs have been pushing for greater transparency and an end to unfair tax practices. Check out our top story for an overview of the Parliament’s work.
Italian S&D member Roberto Gualtieri, the chair of Parliament's economic committee, said: "75% of the EU population expects more EU action on the fight against tax fraud: it is necessary to respond effectively to this concern. The European Parliament is leading this fight, by adopting ambitious and concrete proposals to increase tax transparency and combat tax avoidance, calling for the automatic exchange of tax rulings between member states and public country-by-country reporting for multinationals, together with a common definition of tax havens and strong and concrete sanctions.
"We will continue to push member states to strengthen their tax policies, to close loopholes and to improve coordination at the EU and international level. It is only a matter of fairness towards EU citizens."
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