Eurodad reacts to EU 'scoreboard of indicators' for a new tax haven blacklist
Thursday September 15th 2016
Today the European Commission released a 'scoreboard of indicators' which is supposed to help EU Member States to draw up a blacklist of tax havens for the future. This blacklist will not contain any EU Member States.
Tove Maria Ryding, Tax Justice Coordinator at the European Network on Debt and Development (Eurodad), said: "It's highly problematic that the EU still refuses to include its own Member States on this blacklist. As we saw with the Apple case, there are countries in the EU which have very problematic tax regimes, and it's hypocritical that the EU protects them.
"It's simply not true that the EU has got rid of all tax havens within its own borders. While it's good that the Commission is addressing a few of the rotten apples with its "State Aid cases", there are many more corporations using the EU to avoid taxes. This problem can only be solved with a fundamental change of the EU's tax and transparency rules. The first step in this process would be to let the public know what multinational corporations are really paying in taxes"
Eurodad is also concerned that EU Member States are planning to discuss the process of drawing up the list in secrecy.
Ryding said: "The criteria for listing countries are still very unclear. Last time the EU published a blacklist, it included several of the world's poorest countries, while EU allies such as Switzerland and the US were excluded, along with all the EU's own Member States. It is time the EU stopped this mud-slinging and got started on cleaning up its own backyard."
Contact: Julia Ravenscroft, Communications Manager at the European Network on Debt and Development (Eurodad) on +32 2 893 0854 or email@example.com.
Notes to Editors:
The Code of Conduct group
The Member States are discussing the tax haven list in the so-called Code of Conduct Group. This group is known for its secrecy and opacity. See more information here: http://www.taxjustice.net/2016/01/14/the-secret-eu-tax-code-that-needs-to-be-cracked-open/ The EU's last tax haven list
In June 2015, the European Commission published a first list of tax havens, which included a number of the world's poorest countries, but excluded EU-allies such as Switzerland and the US, as well as all EU Member States. After less than six months, the Commission took the list off the internet again. The full list of countries on the list was as follows: Andorra, Liechtenstein, Guernsey, Monaco, Mauritius, Liberia, Seychelles, Brunei, Hong Kong, Maldives, Cook Islands, Nauru, Niue, Marshall Islands, Vanuatu, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Grenada, Montserrat, Panama, St Vincent and the Grenadines, St Kitts and Nevis, Turks and Caicos, US Virgin Islands.