Tag: Tax haven

  • MEP Fabio De Masi releases tax returns

    A press release of Fabio De Masi

    GUE/NGL MEP Fabio de Masi, vice-chair of the European Parliament Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA), has announced that he is making public his tax declaration and tax assessment. The release is in protest against widespread tax evasion by the rich and powerful, as revealed in the Lux Leaks, Panama Papers and more recently the Football Leaks, at the expense of ordinary citizens ...
  • Video

    Video: Fabio De Masi ask nobel prize winner Joseph E. Stiglitz

    Fabio De Masi befragt den Nobelpreisträger Joseph E. Stiglitz im Panamapaper-Untersuchungsausschuss

    Upon GUE/NGL’s invitation, Nobel laureate for Economics, Joseph Stiglitz, and head of the Independent Commission for the Reform of International Corporate Taxation (ICRICT), José Antonio Campo, today addressed the European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA) on tax justice and international transparency ...

  • Nobel Prize winner calls for immediate halt to tax havens

    A press release of Fabio De Masi

    Upon GUE/NGL’s invitation, Nobel laureate for Economics, Joseph Stiglitz, and head of the Independent Commission for the Reform of International Corporate Taxation (ICRICT), José Antonio Campo, today addressed the European Parliament’s Committee of Inquiry into Money Laundering, Tax Avoidance and Tax Evasion (PANA) on tax justice and international transparency ...
  • Video

    Whistleblower protection: What must be done?

    You can watch the panel Whistleblowers experiences and reactions with Fabio De Masi at minute 50:59 Prominent whistleblowers, journalists and experts will participate, sharing experiences, recommendations and discussing how whistleblowers could be protected, analysing at the same time all political and legal aspects and how to take this issue forward at a European level ...

  • Invitation to the panel event on tax justice featuring Nobel Prize winner Joseph Stiglitz

    A press release of Fabio De Masi

    Invitation to the panel event on tax justice featuring Nobel Prize winner Joseph Stiglitz 15 November 2016 18h00-19h40 Thon Hotel, Rue de la Loi 75, Brussels   Doubling Down on Tax Competition and Secrecy: Launch of two new reports ‘Four Ways to Tackle Tax Competition’ by the Independent Commission for the Reform of International Corporate Taxation (ICRICT)   and   ‘Overcoming the Shadow Economy’ by Swiss anti-corruption expert Mark Pieth and Joseph E ...

  • The role of Malta in the Panama-scandal

    Malta Today berichtet über die Rolle Maltas im Panama-Skandal

    Malta Today, 25.10.2016 "In a week that saw Italian channel RAI 3’s Report once again putting the focus on Malta’s role in the Panama Papers scandal as the country gets ready to take on the EU presidency, critical voices from inside the European Parliament – like German left-wing MEP Fabio de Masi – have been given some deserved attention in the press ...

  • Fabio De Masi calling for tax justice in Bratislava

    A press release of Fabio De Masi

    The Vice Chair of the European Parliament's Committee of Inquiry on money laundering, tax avoidance and tax evasion (PANA), MEP Fabio De Masi (GUE/NGL), has been invited by the Slovak Council Presidency to address today's Interparliamentary Conference on stability, economic coordination and governance in the European Union at the National Council of the Slovak Republic in Bratislava with a key note speech on tax justice ...

  • PANA hearing: ICIJ journalists echo our demands

    The European Parliament's Committee of Inquiry into the Panama Papers (PANA) has held its first full hearing today with a number of ICIJ journalists. PANA vice-president Fabio De Masi (DIE LINKE.) comments after the exchange of views:

    "Today's hearing has provided ample evidence that the reaction to the Panama Papers scandal has been entirely insufficient so far. Even with the revised anti-money laundering directive as proposed by the European Commission, offshore money can still be kept under the veil of secrecy thanks to the nominee director loophole ...

  • Bahamas Leaks: 'Steely Neelie' must face tough sanctions

    A press release of Fabio De Masi

    GUE/NGL MEP Fabio De Masi, Vice-President of the European Parliament’s "Panama Papers" Committee of Inquiry into Money Laundering, Tax Evasion and Tax avoidance (PANA) commented on the Bahamas Leaks and the involvement of former EU Commissioner Neelie Kroes:   "The fish rots from the head. While ...

  • Press review: Bahama-Leaks

    A small press review

    ABC News, 22.09.2016 "[...] "The European Commission (EC) too often means European Corruption. It is this European Union of big business and ruthless theft of Brussels oligarchs which people disdain. The very same politicians that preach to our people to cut back on wages, pensions and public services join shady criminals in the trillion euro industry of tax dodging, money laundering and corruption," said left-wing German lawmaker, Fabio De Masi ...

  • EU tax haven list could name US

    EUObserver about the tax haven list of the European Union

    EUOberserver, 16.09.2016 "[...] Fabio De Masi, a German left-wing MEP who is vocal on tax avoidance and evasion issues, also feared that the list could fall prey to ”political capture”. ”It’s good if we can have Panama on the list,” De Masi said, ”but it’s pivotal that the US is included.” The US state of Delaware is a well-known "onshore" tax paradise ...
  • Video

    Speech: "What we need, is transparency!"

    Plenary speech in the european parliament

    Apple paid just 0.005 per cent tax on its profits in 2014 - that is €50 for every million euros earned. In his parliament speech, Fabio De Masi welcome the decision of the European Commission to reclaim 13 billion euros from Apple. Here you can hear his parliament speech:

  • Apple penalty masks deep-seated problems with EU tax avoidance measures

    A press release of Fabio De Masi

    The European Commission’s record fine over the Apple tax avoidance scandal in Ireland was debated by MEPs at the European Parliament today and although GUE/NGL MEPs welcomed the ruling, the current system remains unfit for purpose.   Irish MEP Matt Carthy (Sinn Féin), a member of the Committee ...

  • Press review: Tax haven Malta

    Fabio De Masi about the tax haven Malta

    Malta Today, 13.09.2016 "[...] The vice-chair of the European Parliament's Panama Papers committee, Fabio de Masi, was categorical in his description of Malta as a tax haven. “I do think that Malta plays a significant role in aggressive tax planning as Malta's imputation tax ‘fits nicely' with artificial interest or royalty payments ...
  • Video

    Cheque mate? EU's fight with US corporate giants

    Euranet-Video with Fabio De Masi

    Is Europe locked in a low-grade trade war with the United States? A series of decisions by EU Commissioner Margrethe Vestager, including a 13 billion euros fine of Apple for its Irish tax arrangements, have given this impression.

  • Apple must pay 13B Euro in Back Taxes

    A press review

    The European Commission’s decide that the Irish government provided Apple with illegal tax benefits of €13 billion. The concern has pay a tax of 0,0005%.  Common Dream, 30.08.2016 "[...] "The decision by the EU Commission against Apple is overdue. The EU should not give into American pressure just to spare U ...

  • Press review: Amazons tax strategy

    Bloomberg about Amazons tax strategy

    Bloomberg, 22.08.2016 "[...] The figures reported by Amazon are “absurd for anyone with a basic command of mathematics,” said Fabio de Masi, a German member of the European Parliament. Amazon defends its tax payments in Europe, asserting that regulators there are mistaking high revenue for high taxable profits ...

  • PANA committee: Time to act against organised crime

    A press release of Fabio De Masi

    The European Parliament’s committee of inquiry into the Panama Papers scandal (PANA) will hold its constitutive meeting today. It has been tasked to investigate alleged contraventions and maladministration of EU law in the fields of money laundering, tax evasion and tax avoidance (see mandate).   Vice-President of PANA, Fabio De Masi, comments:   “This investigation is not only about Panama, but about organised crime and even terrorist financing in our own backyard ...
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