Michaela Merz

Luxembourg EU Presidency tax priorities

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People walking in a pedestrianised area - PwC, PwC_PC_ Global_ 303.jpgPiere Gramegna, Finance Minister of Luxembourg and ECOFIN Council President, outlined his priorities for the coming six months. For the tax people especially two of them are of particular interest step up the fight against fraud and work towards fairer corporate taxation.  Mr Gramegna said “given the budgetary constraints in Member states, fair taxation and the fight against fraud are absolute priorities”.  He regrets that the Commission proposal for an automatic exchange of tax rulings is countering resistance in the Council, but hopes to pass the legislation before the end of the semester. His aim is as well to intensive  the fight against VAT-fraud. So I assume number of interesting things to come in the next 6 months.

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