ECONOMY - FINANCE - BUSINESS / Taxation

Pandora Papers revelations raise questions about relevance of EU’s ‘black’ list of tax havens

Luxembourg, 04/10/2021 (Agence Europe)

There were many reactions, on Monday 4 October, to the new revelations of the Pandora Papers investigation into tax evasion by thousands of individuals, including many political leaders such as Czech Prime Minister Andrej Babiš.

For the European Commissioner for Economy, Paolo Gentiloni, the Pandora Papers, like previous tax scandals, will increase the pressure for political action. The Commission will unveil a legislative proposal by the end of 2021 that will directly target shell...