Financial Crimes, Tax Evasion and Tax Avoidance

A Europe where everyone pays their fair share

With the revelations from LuxLeaks in 2014, then SwissLeaks and the Panama Papers in 2016, the huge scale of tax dodging in Europe has been laid bare. While ordinary citizens face cuts and rising bills, big multinationals make huge profits by exploiting legal loopholes, shopping around for the most favourable jurisdictions and hiding money in tax havens to evade tax.

Our work on fighting financial crimes, tax evasion and tax avoidance

We stand for a fair tax system in Europe where everyone pays their fair share. We want to close the loopholes and eradicate tax havens to bring in billions of euros to spend on jobs, innovation, public services and balancing budgets.

The Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3) builds on the work of previous committees (TAXE, TAX2, PANA) by investigating new issues, such as digital taxation, national citizenship programmes and VAT fraud, as well as continuing to fight against tax crimes, tax evasion and tax avoidance. The mandate for the committee was created on 1 March 2018 for a period of 12 months, following further revelations of tax evasion and avoidance in Europe and beyond (Luxleaks, the Panama Papers, Football leaks and the Paradise papers).

Our achievements

On the initiative of the Socialists and Democrats, the leaders of the political groups in the European Parliament decided to set up this committee. For us, it is crucial to complete the work carried out in the successive committees, Taxe1, Taxe2 and the Panama Papers inquiry that were launched 4 years ago. The work to crack down on tax dodging must continue.

Our priorities

Fair taxes for all

The S&Ds have long campaigned on these issues and we'll keep fighting until we can make Europe's tax system fair for everyone. Find out more about our #TaxJustice campaign.

We want:

  • an ambitious package of EU legislation to create a fair and efficient taxation system
  • compulsory country-by-country reporting on profits so they can be fairly taxed
  • European tax identification numbers
  • an EU definition of tax havens and a blacklist of countries that allow these practices
  • a common consolidated corporate tax base (a single set of rules for multinational companies to calculate their taxable profits in the EU)
  • the launch of the financial transaction tax (FTT) agreed between several EU countries under enhanced co-operation
  • the Commission to make full use of EU competition law by publishing state-aid guidelines for company taxation.

MEPs involved

GOMES Ana Maria R.M.
Vice-chair
Portugal
SIMON Peter
Coordinator
Germany
KOFOD Jeppe
Member
Denmark
BAYET Hugues
Member
Belgium
DELVAUX Mady
Member
Luxembourg
GILL Neena
Member
United Kingdom
GUALTIERI Roberto
Member
Italy
JÁUREGUI ATONDO Ramón
Member
Spain
MAUREL Emmanuel
Member
France
PAVEL Emilian
Member
Romania

See our latest actions

Audiovisual

Our plenary week in action - 25 to 28 March 2019 - How to stop losing €825.000.000.000 a year to tax evasion

Press release

Final EU tax report voted: How to stop losing €825.000.000.000 a year to tax evasion

Press release

Socialists and Democrats want companies to pay a fair minimum effective tax rate of 18%