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After a year of many political promises to finally take action in the fight against tax dodging, EU leaders met on December 19-20 but missed the opportunity to make progress on tax information exchange by delaying – yet again – the adoption ...

Press Release: Giving with one hand and taking with the other - CSOs urge European leaders to take action against tax dodging

Monday 16th December 2013 European leaders should use their meeting this week to agree concrete action against tax dodging, civil society organisations (CSOs) urge in a new report. The European Council, which meets on 19th and 20th December, promised in May to crack down on tax dodging, which costs Europe around 1 trillion Euros every year. When it comes to the world’s developing countries, conservative estimates report that these countries lose between €660 and €870 billion each ...
In 13 short paragraphs, the EU’s foreign affairs council – composed of foreign ministers from EU member states – picked up important themes such as the fight against tax havens and the need for responsible financing standards, but said almost ...