eu tax

MORE EU CONTROL OVER TAXATION

EU CONTROL OVER THE ENFORCEMENT OF THE RECOVERY OF CROSS-BORDER TAXES

The EU is set to expand its power over the exchange of tax information and the recovery of taxes.




These proposals will introduce new administrative and reporting burdens onto businesses. Furthermore, the proposed EU rules will not adhere to the due process of innocent until proven guilty. Instead they will follow the precautionary principle and shall enable the recovery of taxes to assets to begin before someone has been found to be avoiding payment.

The plans add further threats to Britain’s tax sovereignty as the draft directives cover all types of national taxation, both indirect and direct.

Draft Council Directive on administrative cooperation in the field of taxation COM(09) 29

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