Press Release: Fighting tax evasion: Commission proposes widest scope of automatic exchange of information within the EU

On 12 June 2013, the European Commission proposed extending the automatic exchange of information between EU tax administrations, as part of the intensified fight against tax evasion.

Under the proposal, dividends, capital gains, all other forms of financial income and account balances, would be added to the list of categories which are subject to automatic information exchange within the EU. This paves the way for the EU to have the most comprehensive system of automatic information exchange in the world.

• Primary Source

European Commission: Rapid: MEMO/13/533: Automatic exchange of information: frequently asked questions http://europa.eu/rapid/press-release_MEMO-13-533_en.htm

ESO: Background Information: Press Release: Fighting tax evasion: Commission sets up a Platform for Tax Good Governance http://www.europeansources.info/record/press-release-fighting-tax-evasion-commission-sets-up-a-platform-for-tax-good-governance/

ESO: Background information: Clamping down on tax evasion and avoidance: Commission presents the way forward http://www.europeansources.info/record/press-release-clamping-down-on-tax-evasion-and-avoidance-commission-presents-the-way-forward/

European Commission: Rapid: SPEECH/13/523: Fighting tax evasion: proposal to widen scope of automatic exchange of information within the EU http://europa.eu/rapid/press-release_SPEECH-13-523_en.htm

EUObserver, 12.06.13: EU to become world's worst place for tax cheats http://euobserver.com/economic/120474

EUObserver, 16.06.13: Tax wars: EU playing catch-up with US http://euobserver.com/opinion/120508

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