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S&Ds back clear priorities for a strong report on tax evasion

Date

23 Feb 2016

Sections

Euro & Finance
Justice & Home Affairs
Public Affairs

The European Parliament’s special tax committee decided last night to produce a report on the progress made by the EU in the fight against tax evasion. S&D Euro MP Jeppe Kofod will be one of the two rapporteurs.
 
This report will follow-up the recommendations made in the report drafted by S&D Euro MP Elisa Ferreira during the first special tax committee.

S&D spokesperson on the special tax committee, Peter Simon, said:

"The fight for tax justice lies at the very heart of our political family. With last night's decision, S&D MEPs have once again demonstrated that we are the driving force behind decisive action on tax evasion and aggressive tax planning.

 
"We want to secure workable solutions and real change. That is also why we are insisting on an ambitious work plan in order to achieve conclusions that will have a meaningful impact.

"We will be summoning multinational companies, commissioners, and other persons, entities or organisations that might help to uncover the shady practices of tax dodging - and we will do so based on objective criteria."

S&D co-rapporteur for the special tax committee II report, Jeppe Kofod, added:

"With this report we will expand, intensify and renew our investigation into the tax practices of both multinational companies and tax jurisdictions - be they EU member states or not. We will adopt a holistic approach to this crucial matter and we will shine a light on the human cost of illegal tax practices.

 
"Tax evasion effectively undermines our welfare by depriving society from important resources. Those who engage in it make themselves responsible for the loss of welfare, the loss of jobs and the loss of economic growth. Everyone should pay their fair share of tax. No more, no less. My goal will be to uncover the human cost of tax evasion and aggressive tax planning and to put forward concrete demands and recommendations."

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