Ad
Aggressive tax planning has become an 'unbearable' problem for the EU, said commissioner Moscovici. It is believed to cost €50-€70bn in lost revenue (Photo: European Commission)

Commission opens debate on tax competition within EU

The European Commission opened up the debate on tax competition between member states on Wednesday (7 March), by asking seven countries to stop what they called "aggressive tax planning".

Tax policies in Belgium, Cyprus, Hungary, Ireland, Luxembourg, Malta and the Netherlands "have the potential to undermine fairness and the level playing in our internal market and increase the burden to EU taxpayers," tax commissioner Pierre Moscovici said at a press conference.

He said that aggr...

Get EU news that matters

Back our independent journalism by becoming a supporting member

Already a member? Login here
Aggressive tax planning has become an 'unbearable' problem for the EU, said commissioner Moscovici. It is believed to cost €50-€70bn in lost revenue (Photo: European Commission)

Tags

Ad

Related articles

Ad
Ad