PES President Sergei Stanishev stated: “Every year Europe loses approximately €1 trillion in tax evasion and tax fraud. This funds have to be urgently retrieved and invested in the economy for creating new jobs. An appropriate framework that allows for sanctioning such illicit practices has to be developed immediately. This is a not only a matter of strengthening economic condition, it is a matter of restoring fiscal justice. Europe now more than ever needs equal and redistributive tax systems”.
Mr Stanishev added: “The PES is at the forefront of the fight against tax evasion and fraud and we will continue calling for intensifying the efforts to put an end to these illicit practices. Through our political coordination we have enlarged the scope for automatically exchanging tax related information between Member States. But more needs to be done in order to effectively tackle the issue of aggressive tax planning and the existence of tax havens”.
The call to fight against tax evasion has been a long-standing demanding of our Leaders, Ministers, Presidency, as well as a key demand of the PES election manifesto.
