European Parliament To Launch Paradise Papers Inquiry – Tax

by Ulrika Lomas,, Brussels

13 February 2018

The European Parliament is to establish a new special committee on financial crimes, tax evasion, and tax avoidance.

An agreement on the committee’s establishment was reached by the presidents of parliament’s political groups on February 8. The decision must now be validated by a plenary vote of parliament.

The committee will have 45 members and will sit for 12 months. The aim of the committee is to build upon and complete the work carried out by the TAXE 1 and TAXE 2 and the PANA inquiry committees, and to look at recent leaks such as the Paradise Papers.

Philippe Lamberts, the co-president of the Greens/EFA political group, said: “The Paradise Papers showed that there is clearly unfinished work to do if we are to secure tax justice in Europe. We want to make sure that national treasuries are able to collect the money

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