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EU Looking For Progress On Tax In 2017

by Ulrika Lomas, Tax-News.com, Brussels

14 December 2016


The presidents of the European Parliament, Council, and Commission have agreed that progress is needed in "tackling tax fraud, tax evasion, and tax avoidance, as well as ensuring a sound and fair tax system."

On December 13, Martin Schultz, Robert Fico, and Jean-Claude Juncker signed a Joint Declaration setting out the EU's objectives and priorities for the legislative process in 2017.

Although action on tax was not one of the six specific areas in which the presidents said legislative proposals should be fast-tracked, it was among the "four fundamental issues which need particular attention and further progress in 2017."

The three institutions have agreed on a joint monitoring and tracking of progress when it comes to the implementation of the Joint Declaration. Meetings of the presidents of the three institutions will take place in March, July, and November 2017. Implementation of the declaration will be monitored on a regular basis in the Interinstitutional Coordination Group.

TAGS: compliance | tax | European Commission | tax compliance | tax avoidance | European Union (EU) | Europe | Tax | Tax Evasion

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