In Summer 2020, the European Commission announced a new tax package to improve the cooperation between tax authorities, update the Mutual Assistance Directive and to reform the Code of Conduct for business taxation. AK welcomes it as a step in the right decision. Nevertheless, AK demands the implementation of additional measurements. These are urgently required, since the EU e.g. still misses out on 825 billion euro by tax avoidance yearly. In the light of the COVID-crisis, a more ambitious fight against tax competition and aggressive tax avoidance strategies is even more needed to base the recovery of this crisis on tax justice and to finance public investments.

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Martin Saringer

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Dominik Bernhofer

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