Loopholes exposed in EU-wide tax initiative
Only a week after the introduction of an EU law that allows tax authorities to trace savings accounts across Europe, there are concerns that loopholes might threaten its effectiveness.
Only a week after the introduction of an EU law that allows tax authorities to trace savings accounts across Europe, there are concerns that loopholes might threaten its effectiveness.
The law is expected to help the Revenue Commissioners to track savings held by Irish people in other EU member states.
The Gibraltar government, which has signed up to the directive, said last week it did not have to share information with tax authorities in Britain.
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