Anneliese Dodds MEP

The South East's Voice in Europe

Crackdown on tax evasion

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Anneliese welcomes the European Council's decision to improve the ability of countries to crack down on tax evasion and to collect taxes that are owed.

This decision comes two weeks after Anneliese raised the issue with the incoming Commissioner for Economic Affairs.

On Tuesday 14 October, the European Council agreed to widen the range of information that national authorities are able to share with one another - to include interest, dividends and sales of financial assets - so that those authorities have the best possible picture of what tax is owed, and can make sure it is rightfully paid and not evaded.

As a member of the Economic & Monetary Affairs Committee, Anneliese has made cracking down on tax evasion a personal commitment. She took the opportunity of the recent Commissioner hearings to ask Pierre Moscovici, the Commissioner-Designate for Economic Affairs, what action he would take to halve the 'tax gap' - the money owed in taxes that currently isn't being paid - by 2020. Mr Moscovici described the practice of tax evasion as "morally unacceptable" and pledged to do more.

"This announcement is a welcome step forward in cracking down on the outrageous practice of tax evasion," said Anneliese. "Every time someone dodges paying the taxes they owe, it means fewer schools and hospitals for the rest of us. Right now, across Europe, a staggering €1 trillion of tax is not being collected. That's a lot of schools and hospitals. I'm delighted that the Council has made this decision; now we need to make sure it is acted on and that this indefensible practice is stamped out for good."

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