| Author (Corporate) | European Commission |
|---|---|
| Series Title | COM |
| Series Details | (2012) 722 final (6.12.12) |
| Publication Date | 06/12/2012 |
| Content Type | Policy-making |
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On 2 March 2012, the European Council called on the Council and the Commission to rapidly develop concrete ways to improve the fight against tax fraud and tax evasion, including in relation to third countries, and to report by June 2012. In April the European Parliament adopted a resolution echoing the urgent need for action in this area. As a first response, on 27 June 2012 the Commission adopted a Communication which outlined how tax compliance can be improved and fraud and evasion reduced, through a better use of existing instruments and the adoption of pending Commission proposals. It also identified areas where further legislative action or coordination would benefit the EU and Member States, and demonstrated the added value of working together against the increasing challenge posed by tax fraud and evasion. This Communication also announced the preparation, before the end of 2012, of an action plan setting out concrete steps to enhance administrative cooperation and to support the development of the existing good governance policy, the wider issues of interaction with tax havens and of tackling aggressive tax planning and other aspects, including tax-related crimes. The Commission is presenting in this action plan the initiatives the Commission has already taken, new initiatives that can be progressed this year, initiatives planned for next year and those requiring a longer timeframe. In sequencing these initiatives, the Commission was mindful of the need not to overload Member States and to take account of their capacity to take the necessary actions. |
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| Source Link | Link to Main Source http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=COM:2012:0722:FIN:EN:PDF |
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| Subject Categories | Taxation |
| Countries / Regions | Europe |
