2016: year of corporate tax reform and fiscal transparency, Moscovici tells MEPs

2016 should be the year of corporate tax reform and fiscal transparency, tax Commissioner Pierre Moscovici told MEPs from the Special Committee on Tax Rulings and the Economic and Monetary Affairs Committee at a hearing on Monday evening. “We have a serious problem with tax avoidance and lack of transparency. Too many people have looked the other way”, Mr Moscovici said.

MEPs from most political groups encouraged the Commissioner to show ambition and go beyond the recent agreements in the OECD and G20 against tax base erosion and profit shifting (BEPS).