Sign right here: https://www.change.org/digitaltax-now Dear friends, dear interested, It is truly bitter: In many countries, local retail shops have to close before Christmas because of the Corona pandemic. This pandemic is bringing many shops to the brink of their existence. Entire city centres are threatened with economic extinction. And now, of all people, the tax […]
Greens/EFA call on the ECB to maintain restrictions on dividends and share buy-backs for euro area banks
Under the Single Supervisory Mechanism, the ECB is the direct supervisor for the largest 113 euro area banks. Next week, the ECB will decide whether it continues its recommendation to supervised entities not to distribute dividends and buy back shares during the pandemic. The ECB had first issued such a recommendation on 27 March 2020. […]
Towards a CRS 2.0: My action plan for greater tax transparency
Dear friends and all those who are interested, Yesterday, I have had the pleasure and privilege to speak on a panel on tax transparency at the OECD Global Forum, moderated by OECD tax chief Pascal Saint-Amans. Over the past 10 years, the leadership of the OECD, made possible by American enforcement measures, has been a […]
New EU-proposal: Batteries become clean
Today, December 10, the EU Commission presented a legislative proposal for a new battery regulation. The new regulation is intended to guarantee a safe and sustainable circular economy for all batteries on the European market. The proposal for a new regulation must now be passed by the European Parliament and the Council before it can […]
The OECD Global Forum: Extending the automatic exchange of information on tax matters
Dear friends and all those who are interested, The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes starts on Wednesday, December 9. The Global Forum comprises over 160 member states and is the most important international institution in the fight against tax evasion and aggressive tax avoidance. The three-day conference will […]
Success for more transparency: Single Resolution Board will publish new aggregate data
Dear friends, Dear interested, During the last exchange in ECON with SRB chair Elke König, I reached a small but interesting step towards more transparency in European banking resolution. Much of the work of Europe’s banking resolution authority, the Single Resolution Board (SRB), is notoriously opaque. The resolution plans of the large European banks and […]