EU finance ministers are set to discuss setting up a blacklist of worldwide tax havens, in the wake of the so-called “Paradise Papers” leaks.
The trove of financial documents, from an offshore law firm, have already been sparking questions in Brussels.
“These scandals shock public opinion, they show that there are still businesses or wealthy individuals who are willing to avoid paying the taxes they have to pay,” commented
Pierre Moscovici, EU Economic and Financial Affairs Commissioner.
“It also helps to raise awareness, particularly among the Member States, that progress must continuously be made in the fight against fraud and tax evasion.”