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Press release |

Apple state aid ruling

The EU Commissioner for Competition, Margrethe Vestager, today presented the results of the proceedings against Ireland for infringements of EU competition law. The ruling has major implications for Apple, who operate a significant portion of their global business through subsidiaries in Ireland, resulting in an effective tax rate of less…
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Video |

Tax justice

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Press release |

Stress test for banks

The European Banking Authority (EBA) will tonight publish the results of the 2016 stress test for banks. The EBA carries out the test to assess whether banks hold enough capital to see them through a further worsening of the banking crisis. The stress test results play a crucial role in possible ban...
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News |

Offshore Wealth Reconsidered – Tax havens are doing better than might you think

There are plenty of tax havens around the world, but probably not as many as there have been promises to shut them down. We have looked into whether the amount of wealth hidden in these countries has decreased over the past few years, either because of the financial crisis or because of international actions against tax havens. Spoiler al…
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News |

Panama Papers: European Parliament kicks off its investigation

The biggest tax scandal of all time – involving both politicians and well-known figures, and triggering a range of investigations – deserved the highest possible response from the European Parliament. That is exactly what the Greens called for immediately after the Panama Papers revelations and what was finally approved at the beginning o…
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©elijah-hail
sunflower©elijah-hail
News |

Greens/EFA Round up

Greens/EFA priorities for the Strasbourg plenary included: Energy labels and a common sense A-G system; Human trafficking and EU external relations; UK referendum aftermath; Diverting development aid to military purposes; Revising money laundering rules and tackling tax avoidance; Controversial EU-Canada trade deal ratification; EU border…
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News |

Final report on Luxleaks

When the Luxleaks scandal broke 18 months ago, the Greens in the European Parliament were the first to call for an inquiry committee to make sure we could properly investigate the revelations.
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News |

A step forward on money-laundering, but Commission needs to be bolder

After the Panama Paper revelations, the European Commission needs to show it is ready to take strong action on tax evasion and avoidance. Their newly published anti-money laundering package goes some way towards achieving that. But with up to €1 trillion lost from the real economy each year, they need to be much bolder.
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Press release |

EP tax avoidance investigation

The European Parliament today adopted the final report concluding the investigation of its special committee on tax avoidance. Welcoming the vote, Greens/EFA co-president Philippe Lamberts said:  “This investigation has shed light on the regulatory breakdown which allowed the large-scale tax ...
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Press release |

EU anti-money laundering rules

The European Commission today presented proposals to update EU rules on anti-money laundering, including provisions to strengthen existing legislation in response to the Panama Papers revelations. Commenting on the proposals, Green MEP Judith Sargentini, who was co-rapporteur/draftsperson for parlia...