Action plan to strengthen the fight against tax fraud, tax avoidance, and tax evasion ()
DESCRIPTION: "Communication from the Commission to the European Parliament and the Council for the definition of a common Action Plan to strengthen the fight against tax fraud and tax evasion. "
eira:ABBeira:Non-bindingInstrumentRequirement
dct:modified2023-07-26
dct:spatialEU
dct:identifierhttps://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52012DC0352
dct:titleAction plan to strengthen the fight against tax fraud, tax avoidance, and tax evasion
dct:descriptionThis action plan is a comprehensive strategy developed by the European Union to combat tax fraud, tax evasion, and tax avoidance. It aims to ensure that everyone pays their fair share of taxes, to protect the integrity of tax systems, and to promote economic fairness and social justice. The plan includes measures to improve tax transparency, ensure fair taxation for businesses, and create a more effective EU framework for dealing with tax fraud and evasion.
dct:publisherEUR-Lex
dct:sourcehttps://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52012DC0352
skos:exampleAn example of applying this regulation is the implementation of the Common Reporting Standard (CRS) within the EU, which requires financial institutions to exchange information about their customers' financial accounts. This helps to prevent tax evasion by making it more difficult for individuals and businesses to hide their income and assets in offshore accounts. Another example is the introduction of the Anti-Tax Avoidance Directive (ATAD), which sets out anti-abuse measures that all EU countries must apply to deter multinational companies from exploiting tax rules to avoid paying taxes.
eira:concepteira:SolutionBuildingBlock
skos:noteThe action plan is a part of the EU's broader effort to promote tax fairness and financial transparency. It includes 34 measures that will be implemented over the next several years. These measures include improving cooperation between tax authorities, increasing transparency for multinational companies, and strengthening the EU's ability to respond to tax fraud and evasion. The plan also includes measures to ensure that digital companies pay their fair share of taxes and to create a single EU VAT area to simplify VAT rules for businesses.
eira:viewLV-Binding Power and Jurisdiction