PANA inquiry: Difference between revisions
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imported>Doug Williamson (Add detail. Source: KPMG https://home.kpmg.com/xx/en/home/insights/2017/12/etf-346-ep-vote-on-pana-recommendations.html) |
imported>Doug Williamson (Add detailed definitions.) |
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* [[Anti-avoidance provision]] | * [[Anti-avoidance provision]] | ||
* [[European Parliament]] | * [[European Parliament]] | ||
* [[High-risk country]] | |||
* [[Non-cooperative tax jurisdiction]] | |||
* [[Panama Papers]] | * [[Panama Papers]] | ||
* [[Paradise Papers]] | * [[Paradise Papers]] | ||
* [[Secrecy haven]] | |||
* [[Tax evasion]] | * [[Tax evasion]] | ||
* [[Tax haven]] | * [[Tax haven]] | ||
* [[Whistle-blowing]] | |||
== External link == | == External link == | ||
[http://www.europarl.europa.eu/cmsdata/134370/Draft_Recomendation_B8_660_2017.pdf Draft recommendations of the PANA inquiry 2017] | [http://www.europarl.europa.eu/cmsdata/134370/Draft_Recomendation_B8_660_2017.pdf Draft recommendations of the PANA inquiry 2017] | ||
Revision as of 15:14, 8 April 2018
An inquiry established by the European Parliament to investigate money laundering, tax avoidance and tax evasion, following the Panama Papers disclosures of 2016.
The inquiry's recommendations, published in 2017, included:
- Introducing a regulatory framework for tax intermediaries (such as lawyers and accountants), including the separation of audit, tax and advisory services.
- Defining effective sanctions in the case of involvement in illegal tax and money laundering schemes.
- Providing a common definition at EU level of a certain number of concepts, such as tax haven, secrecy haven, non-cooperative tax jurisdiction and high-risk country, as well as guidelines on illegal vs. legal tax planning activities to improve legal certainty.
- Implementing effective protection measures for whistle-blowers.
See also
- Anti-avoidance provision
- European Parliament
- High-risk country
- Non-cooperative tax jurisdiction
- Panama Papers
- Paradise Papers
- Secrecy haven
- Tax evasion
- Tax haven
- Whistle-blowing
