IESBA Chair Gabriela Figueiredo Dias to speak at July 17th hearing
Various media revelations, such as the Paradise Papers and the Pandora Papers, have highlighted the important role tax intermediaries play in facilitating tax structures that contribute to billions of euros of lost tax revenue in the EU every year. To address this issue, the European Commission has announced a proposal with the objective of preventing enablers from setting up complex structures in non-EU countries for tax evasion and aggressive tax planning purposes. This initiative would complement the Unshell Directive, which sets out criteria for identifying entities that lack minimal economic substance within the EU.
IESBA Chair Gabriela Figueiredo Dias will speak at a public hearing organized by the European Parliament’s Subcommittee on Tax Matters (FISC) on July 17, 2023 from 15:00 to 16:30 CEST in Brussels, Belgium.
The event, “Tackling the role of enablers involved in facilitating tax evasion and aggressive tax planning in the European Union (SAFE),” will be introduced by Paul Tang, FISC Chair. Other speakers include Olivier Boutellis-Taft (CEO, Accountancy Europe) and Ivan Lazarov (Research Associate, International Bureau of Fiscal Documentation (IBFD)). A question-and-answer session with Members of the FISC Subcommittee will follow. The public hearing will help inform the European Parliament's opinion on the new legislative proposal.
The hearing will be web-streamed at: https://www.europarl.europa.eu/committees/en/tackling-the-role-of-tax-enablers/product-details/20230705CHE11962.
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