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EU tax haven blacklist not catching worst offenders

EU Reporter Published 4 months ago MEPs adopted a resolution setting out changes to be made to the system used to draw up the EU list of tax havens, which they deem is currently “confusing and ineffective”. The EU’s list of tax havens, set up in 2017, has had a “positive impact” so far but has failed to “live up to its full potential, [with] jurisdictions currently on the list covering less than 2% of worldwide tax revenue losses”, MEPs said. In the resolution prepared by the Subcommittee on Tax Matters and adopted by the Economic and Monetary Affairs Committee on Thursday 43 votes in favour, 6 against and 5 abstentions, MEPs go on to call the current system “confusing and ineffective”.

UK announces travel bans and asset freezes for 11 Rusian, Venezuelan, Gambian and Pakistani human rights violators

UK announces travel bans and asset freezes for 11 Rusian, Venezuelan, Gambian and Pakistani human rights violators
eureporter.co - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eureporter.co Daily Mail and Mail on Sunday newspapers.

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