S&Ds welcome special committee to prevent new LuxLeaks or SwissLeaks scandals
In the wake of the LuxLeaks and SwissLeaks scandals, the European Parliament – with the support of the S&D Euro MPs – today gave its green light to setting up a special committee to evaluate the impact of unfair tax practices across Europe.
S&D Group president Gianni Pittella MEP said:
"Our priority is: no more scandals like the LuxLeaks scandal or the list of clients HSBC helped to evade taxes or launder money, as revealed by ex-employee Hervé Falciani.
"Therefore the S&D Group welcomes the decision adopted by a large majority in the European Parliament to set up a special committee on unfair tax practices in several member states. Through this new committee's activities, the representatives of European citizens will be able to look into all cases of tax avoidance and tax evasion in Europe. Thanks to the commitment of the S&D Group and the new proposal we put forward, we have defended the right of European citizens to be informed on these unscrupulous practices.
"Our aim is not to get stuck in the past, but to focus on preventing further cases of tax evasion and fraud in the future. For this reason, we are committed to pushing forward with legislative proposals aimed at tackling this plague."
S&D Group spokeswoman on economic and monetary affairs Elisa Ferreira MEP added:
"The fight against tax fraud and tax evasion must become a top priority for the EU. This special committee will give the European Parliament the opportunity to better understand the tax benefits granted to some big businesses in several member states and their impact.
"These agreements allow economic giants to avoid paying tax in the countries where they operate, thus depriving governments of billions in revenue.
"The committee will be able to make recommendations which will increase the pressure on the Commission to take action. At the same time, Euro MPs will present a specific report with legislative proposals to address the fraud and tax evasion situations that have repeatedly been identified by the European Parliament and our political family. The scandal of LuxLeaks and now SwissLeaks have given a new political awareness of the problem."
There are 12 S&D members on the new special committee: BAYET Hugues (Belgium), DODDS Anneliese (United Kingdom), FERREIRA Elisa (Portugal), GUALTIERI Roberto (Italy), JÁUREGUI ATONDO Ramón (Spain) , KAILI Eva (Greece), KOFOD Jeppe (Denmark), LAURISTIN Marju (Estonia), MAUREL Emmanuel (France), REGNER Evelyn (Austria), SIMON Peter (Germany) and TANG Paul (The Netherlands).
Follow our #TaxJustice campaign to find out more about the S&D Group's actions for a fairer tax system in Europe.