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EU's Moscovici urges fast action against tax 'vampires' after Paradise Papers

Reuters  |  BRUSSELS 

By Francesco GuarascioBRUSSELS (Reuters) - The European Union needs a quick agreement on proposed rules for lawyers, bankers and other advisers that help devise ways to aggressively cut tax bills, the European tax commissioner said on Tuesday.The appeal for more transparency on tax matters comes after new revelations, known as the Paradise Papers, of widespread use by companies and wealthy individuals of off-shore jurisdictions.In a speech in the European Parliament in Strasbourg, Pierre Moscovici called on member states and EU legislators to agree "in the next six months" on proposals made ...

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First Published: Tue, November 14 2017. 23:28 IST