The European Commission has tabled proposal to combat the use of shell companies for tax purposes. Comment on the issue came from Markus Ferber MEP, the EPP Group’s Spokesman in the Economic and Monetary Affairs Committee. “Often the main purpose of shell companies is to facilitate aggressive tax planning or disguise beneficial ownership structures. In theory, Member…
Political reaction has been swift to the disturbing new Pandora Papers revelations on Monday about the rich and famous. “The Pandora Papers show once more that the fight against tax havens and letter box companies is only making limited progress”, said Markus Ferber MEP, EPP Group Spokesman on Economic Affairs. The deputy was commenting on…
A hearing organised by the European Economic and Social Committee (EESC) discussed opportunities and challenges in the implementation of the National Recovery and Resilience Plans in the various Member States, revealing that civil society is still far from being effectively involved in the process. There were calls for improved consultations in the upcoming implementing phase,…
MEPs say that the antitrust case against Apple is more than just another example of unfair competition. They also say it is a reason to discuss a paradigm shift in the EU’s competition enforcement, which until now has often come too late. “It is long overdue for the Commission to take a very close look…
The EU is urged to avoid another crisis in the wake of the pandemic Markus Ferber MEP said, “We have to be very careful that the current frenzy of Corona spending does not lead us directly into the next debt crisis.” “Therefore, the European Commission urgently needs to establish when and under what conditions the application…
