The EU Office of the Friedrich-Ebert-Stiftung and the Independent Commission for the Reform of International Corporate Taxation held a panel event on “Doubling Down on Tax Competition and Secrecy” to launch two papers.
In the wake of the G20/OECD’s Base Erosion and Profit Shifting proposals for tax reform, countries are grappling with the question of how to enhance their cooperation to tackle deep-seated problems in international corporate taxation. These problems include tax competition between countries, both in terms of the erosion of corporate tax base and rates, which risks undermining progress on tax reform to date. In addition, the revelations of the Luxembourg Leaks and the Panama Papers illustrate that globally, secrecy is a problem: it facilitates both money laundering and tax avoidance and evasion, contributing to crime and unacceptably high levels of global wealth inequality.
The launch addressed representatives of the European Commission, European Parliament and EU Member States as well as civil society representatives.
Confirmed speaker included: