by Jason Gorringe, Tax-News.com, London
28 February 2018
Value-added tax avoidance will be considered by a new EU anti-tax avoidance committee, the creation of which is expected to be endorsed at an EU parliamentary plenary on March 1, 2018.
The Committee is being established to follow up after the leak of confidential files of international law firm Appleby – the so-called Paradise Papers.
In a “proposal for a decision,” published on February 26, 2018, ahead of the plenary, the EU has set out what the proposed mandate of the Committee will cover. According to the document, among other things, the Committee will “assess how EU VAT rules were circumvented in the framework of the Paradise Papers and to evaluate in a more general way the impact of VAT fraud and administrative cooperation rules in the Union.” It will also be tasked with preparing an analysis of the exchange of information framework in