01 #TaxEquality
01 Combatting tax evasion by big multinationals with an EU wide minimum tax of 18%
Unfair situation

Tax avoidance is eating big holes into our budget - 190 billion euros every single year - money we urgently need to finance the just transition to a sustainable and social future. In recent years, the effective tax rates of big digitalised companies have sharply dropped and have now hit the all-time low of 9.5%, while SMEs and the like pay around 23%. The escalating race to the bottom needs to be stopped if we do not want corporate taxes to hit the bottom at people’s expense.

01 #TaxEquality
01 Combatting tax evasion by big multinationals with an EU wide minimum tax of 18%
Fair situation

Introduce a European-wide minimum effective corporate tax rate of 18 % to limit tax competition between countries and generate revenues funding public services for all. Apply the principle that taxes are paid where profits are made to all multinationals, also digital giants. It is about time we play a fair game again.

02 #TaxSustainability
02 Greening taxation for a just transition to a sustainable and social Europe
Unfair situation

Plastic and kerosene are not taxed as they should be, even though they poison our soil, water and air. Businesses transfer production to countries with lower emission standards and then import the goods. Globally, the richest pollute 17 times more than the poorest, but don’t shoulder their fair share of the costs. Our tax policies lag behind and even undermine our battle against the climate emergency.

02 #TaxSustainability
02 Greening taxation for a just transition to a sustainable and social Europe
Fair situation

Make big polluters like the maritime and aviation sectors contribute their fair share and give ecological transports the boost they deserve. Hold imported products accountable for their emissions through a Carbon Border Adjustment Mechanism. Greening taxation that does not come at the expense of the poorest, but helps lift every one up in a just transition.

03 #TaxDemocracy
03 Acting together as Europeans for tax justice
Unfair situation

In a world of multinationals and global flows of money, countries acting on their own have lost the capacity to impose rules. Yet, when it comes to tax justice, the EU all too often does not even have the right to act. Also, tax rules must be decided by all 27 EU members, allowing individual member states to block tax justice initiatives, like harmonisation of rules or a digital tax, out of short-sighted self-interest.

03 #TaxDemocracy
03 Acting together as Europeans for tax justice
Fair situation

Empower member states to take decisions by qualified majority, so that individual countries can no longer obstruct measures that serve the common good. Like a fraud-proof VAT system or an EU tax havens list. Boost more democratic, transparent and efficient decision-making in tax policies.

04 #TaxTransparency
04 Investigating tax abuse and designing solutions
Unfair situation

LuxLeaks, SwissLeaks and the Panama Papers revealed a broken tax system where big corporations and rich individuals are getting away with exploiting legal loopholes, shopping around for the most favourable jurisdictions and hiding money in offshore tax dumping locations. These dodgy practices are creating vast inequalities in our societies and draining the public purse.

04 #TaxTransparency
04 Investigating tax abuse and designing solutions
Fair situation

Shine a light on the shady practices of tax abuse. Design innovative solutions to deliver on tax justice. Since 2015, we were the driving force behind a number of investigative bodies in the European Parliament. We are proud that the new subcommittee on tax will start its work in September 2020, both as a watchdog and a people’s forum for tax justice.

05 #TaxJustice
05 Our top 5 actions to deliver on #tax justice
  1. Crack down on tax abuse and crime
  2. Fight climate change with taxation
  3. Empower the EU to act for tax justice
  4. Stop destructive tax competition
  5. Make digital giants pay their fair share