MEP Fabio De Masi (DIE LINKE.) has been elected to the German Bundestag. He will continue to exercise his mandate in the European Parliament until the first sitting of the new Bundestag.
European measures to tackle money laundering have again been shown to be grossly inadequate in light of the Azerbaijani Laudromat scandal according to GUE/NGL MEP Fabio De Masi.
EU leftist lawmaker Fabio De Masi called for tougher sanctions, including the removal of business licences for advisers promoting aggressive tax planning.
The EU is to attac tax avoidance and tax evasion. Commission suggests a directive that would make lawyers and accountants whistle-blowers when they detect tax avoidance in their customers tax planning.
Tax advisers in the European Union risk fines for helping companies to cut their tax bills by shifting profits to low-tax countries, if proposed new EU legislation gets approval.
