Our Michaela Matějková explores, in her latest blog, the issue of tax haven and tax evasion and the stance of the Union towards fighting them.
This process of making aggressive tax avoidance practically illegal is supported mainly by arguments of how much money could have been used on improving welfare in each and every member state.
On one side there is pressure of the EU as a whole and other states who are losing their money and on the other side there are joint forces of wealthy companies using the possibility to minimize the amount of payed taxes and tax heaven states who are all profiting.
By fighting the tax evasion and tax avoidance, EU shows its high moral credit. Unfortunately, for the time being, it seems that it is fighting practically barehanded except for stepping up the pressure on CSR and leading several investigations of TNC for illegal tax evasion.
You can read the whole blog on EurActive's website.#taxes #taxation #tax havens #tax avoidance #tax evasion