Press Review: Global Tax Transparency Summit in London
The press reported about the Global Tax Transparency Summit in London on December 8rd.
Fabio De Masi speaks on the Global Tax Transparency Summit on December 8rd in London. The Panel with Fabio De Masi can you watch here (Panel 4) and here (Panel 1). The UK-Press reported about the conference and quotes him.
PUBLIC FINANCE INTERNATIONAL
Global public accounts committees unite for tax transparency push, by Emma Rumney
"[...] At another panel session, Fabio de Masi, a German MEP who sits on the European Parliaments Panama Papers inquiry committee, agreed there was a long way to go. He highlighted that he has personally paid 600 times more tax in the European Union than Apple, and said Europe expects many more such scandals to emerge.
He added: It is one thing to say countries subscribe to certain legal standards [such as the BEPs framework], but there is also the issue of constructive non-compliance. Many states that are not even considered risky jurisdictions continue to engage in shady tax practices, he said. [...]"
The article is available at publicfinanceinternational.com.
Governments 'one step behind' tech firms in tracking tax, by Meg Hillier
"[...] But Fabio Masi, member of the European Parliament for Germany, said not enough has been done so far to avoid further scandals. He cited the Panama Papers scandal as an example of forcing the issue into the spotlight. "I belive publicity is the only way forward," he said. [...]"