Wednesday June 3, 2020

EU unveils tax evasion plan in aftermath of Panama papers

"We can’t be behind the curve on this," Michel Sapin

23rd April, 2016
French Finance Minister Michel Sapin

The European Union unveiled a raft of measures to tackle tax evasion as finance chiefs attempted to wrestle the issue back from populist groups using the Panama leaks to argue governments turn a blind eye to inequality.

The EU’s economy chiefs, buffeted by anti-establishment anger from London to Madrid, showed a united front at a two-day gathering of the ministers by agreeing to work on a stepped-up regime of tax transparency and tax-haven blacklists....

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