Press Release: Fair Taxation: Commission presents new measures against corporate tax avoidance

The European Commission unveiled on 28 January 2015 a set of proposals aimed at tackling tax avoidance. The decision was a result of the understanding that there was a need to align the tax laws in all member states of the European Union in order to fight aggressive tax practices by large companies efficiently and effectively.

The Anti Tax Avoidance Package calls on Member States to take a stronger and more coordinated stance against companies that seek to avoid paying their fair share of tax and to implement the international standards against base erosion and profit shifting.

The announcement took place a day after the signing of the Multilateral Competent Authority Agreement (MCAA) by 31 countries of the OECD, considered to be an important milestone towards implementation of the OECD/G20 BEPS Project.

• Primary Source

ESO: Background information: EP spells out legal steps to fight aggressive corporate tax planning and evasion http://www.europeansources.info/record/press-release-ep-spells-out-legal-steps-to-fight-aggressive-corporate-tax-planning-and-evasion/

ESO: Background information: A boost to transparency in international tax matters: 31 countries sign tax co-operation agreement to enable automatic sharing of country by country information http://www.europeansources.info/record/press-release-a-boost-to-transparency-in-international-tax-matters-31-countries-sign-tax-co-operation-agreement-to-enable-automatic-sharing-of-country-by-country-information/

European Commission: DG Communication: MEMO/16/160, 28.01.16: The Anti Tax Avoidance Package – Questions and Answers http://europa.eu/rapid/press-release_MEMO-16-160_en.htm

European Commission: DG Communication: SPEECH/16/185, 28.01.16: Remarks by Commissioner Moscovici at the launch of the Anti Tax Avoidance Package http://europa.eu/rapid/press-release_SPEECH-16-185_en.htm

EurActiv, 28.01.16: EU prepares for new tax avoidance push http://www.euractiv.com/sections/euro-finance/eu-prepares-new-tax-avoidance-push-321379

BBC News, 28.01.16: EU pledges crack down on corporate tax avoidance http://www.bbc.co.uk/news/business-35426593

The Irish Times, 28.01.16: EU cracks down on corporate tax avoidance http://www.irishtimes.com/business/economy/eu-cracks-down-on-corporate-tax-avoidance-1.2513738

Politico, 28.01.16: Commission targets multinationals in new tax overhaul plan http://www.politico.eu/article/commission-targets-mulinationals-in-new-tax-overhaul-plan/

EUObserver, 28.01.16: Commission unveils anti-tax avoidance package https://euobserver.com/economic/132047

EurActiv, 28.01.16: EU’s anti-tax avoidance package likely to fail, say NGOs http://www.euractiv.com/sections/euro-finance/eus-anti-tax-avoidance-package-likely-fail-say-ngos-321394

EurActiv, 29.01.16: Juncker backs forcing multinational companies to publish their tax bills http://www.euractiv.com/sections/euro-finance/juncker-backs-forcing-multinational-companies-publish-their-tax-bills-321413

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