4.3 C
New York
Monday, November 29, 2021

EU’s Moscovici urges deal on stricter rules for tax advisers

EU's Moscovici urges deal on stricter rules for tax advisers© Reuters. European Commissioner for Economic and Financial Affairs Moscovici presents the EU executive’s autumn economic forecasts in Brussels

BRUSSELS (Reuters) – The European tax commissioner urged a quick agreement in the European Union on stricter rules for lawyers, bankers and other advisers that help firms devise schemes aimed at aggressively cutting their tax bills.

In a speech in the European Parliament in Strasbourg on Tuesday, Pierre Moscovici called on member states and EU legislators to agree on the proposals made by the EU executive commission in June. So far, there has been little progress due mostly to scepticism in some EU capitals.

The new appeal for more transparency on tax matters comes after new revelations, known as Paradise Papers, of widespread use of off-shore jurisdictions by companies and wealthy individuals.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source: Investing.com

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

10,919FansLike
12,893FollowersFollow
752FollowersFollow
- Advertisement -

Latest Articles

Popular Articles