Noose tightens on tax evasion
MEPs will state their opinion on plans to add new types of income to EU member states’ tax data exchanges in a vote on Wednesday. The European Commission proposes that from 2017, member states should automatically exchange data on income from dividends, capital gains, and bank account balances. On Thursday, MEPs will debate the latest and future steps to combat tax evasion with the Commission.
EU rules to take effect at the start of 2014 already require member states to exchange “available” information on income from employment, director's fees, life insurance products, pensions, and immovable property.
Debates: Tuesday, 10 December; Thursday, 12 December
Vote: Wednesday, 11 December
Procedure: Consultation; statement by the Commission