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Individual EU member states have lost billions in tax revenue through 'letterbox' companies in places like Luxembourg and the Bahamas (Photo: Fotolia)

Panama Papers - start of sensible revolution in EU tax affairs?

On Tuesday (12 December) the European Parliament is discussing the recommendations of the PANA Committee, set up to investigate what actions the EU could take to prevent money laundering, tax avoidance and tax evasion in the wake of the Panama Papers.

On Wednesday, they will vote on those recommendations. Since the committee started their work, we have also seen the release of the Paradi...

Disclaimer

The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

George Turner is a researcher for the Tax Justice Network.

Individual EU member states have lost billions in tax revenue through 'letterbox' companies in places like Luxembourg and the Bahamas (Photo: Fotolia)

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Author Bio

George Turner is a researcher for the Tax Justice Network.

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