Tax fraud

9th February 2009

Within the context of its strategy on tax evasion and tax fraud, the European Commission adopted on 2nd February two proposals for new directives aiming to improve mutual assistance between the tax authorities in Member States for the the establishment of the amount and recovery of taxes and duties. These two proposals set forth joint procedural rules, enabling officials to carry out enquiries in other Member States and to extend the scope of application of existing directives. The European Commission suggests abolishing banking secrecy in relations between tax authorities. This proposal is aimed particularly at Luxembourg, Austria and Belgium, the three States within the Union that retain banking secrecy. On 3rd February, the Prime Minister of Luxembourg, Jean-Claude Juncker, stated that his country was "open to discussion" with the European Commission.

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