On Monday 26 November 2018, from 19.00 to 20.30, TAX3 together with the ECON Committee will hold a public hearing on “Cum-Ex scandal: financial crime and the loopholes in the current legal framework”. The purpose of this hearing is to examine the recent revelation of the CumEx files, which has shown that over EUR 55 billion have been defrauded through various schemes.
This hearing will aim to examine the existing legal loopholes allowing to this situation as well as possible ways to improve administrative cooperation between Member States regarding tax matters.
- Draft programme of the hearing (PDF - 57 KB)
- Webstreaming / Recording
- Extracts from the hearing
- Transcription report (verbatim) (PDF - 360 KB)
- Background note on the Cum-Ex case (PDF - 500 KB)
- Press release: Cum-ex tax fraud scandal: MEPs call for inquiry, justice, and stronger tax authorities
- European Parliament resolution of 29 November 2018 on the cum-ex scandal: financial crime and loopholes in the current legal framework (2018/2900(RSP))
- Biography of the speakers (PDF - 50 KB)
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Gerhard Schick, Member and co-rapporteur of the former Bundestag Inquiry committee on the Cum Ex scandal
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Christoph Spengel, ZEW Research Associate and the Chair of Business Administration and Taxation II at the University of Mannheim
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Oliver Schröm, founder and head of the international collaboration of the project “The CumEx Files” and the Editor-in-chief of the German non-profit newsroom CORRECTIV