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 […]
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 […]
Ursula von der Leyen refuses consistent action against EU visas for sale
European civil rights are for sale through golden passports and golden visas. After the economic crisis, Cyprus and Malta started to grant citizenships for money. In Cyprus, an investment of 2 million euros in a property or a company and the deposit of 200,000 euros in two state funds is enough. Since 2013, golden passports […]
Our letter to the Portuguese presidency on the need to prioritise tax justice
Dear interested, The German presidency of the Council of the European Union has been unwilling to bring public tax transparency for multinational companies to a vote, thus blocking the legislative process from going forward. Together with 20 Members of the European Parliament from the Greens/EFA group I have sent the following letter to the Portuguese […]
Gabriel Zucman à la tête du nouvel Observatoire européen de la politique fiscale !
Chers ami.e.s, chers intéressé.e.s, Maintenant c’est officiel : il y aura un observatoire européen des impôts dirigé par le célèbre économiste fiscal progressiste Gabriel Zucman ! Cela permettra de mettre en œuvre une idée des Verts, que nous avons lancée en octobre 2019 avec les socialistes et les libéraux au Parlement européen. C’est une excellente […]