#טאַקס: אייראָפּע ס קסנומקס ביגאַסט באַנקס זענען רעדזשיסטערינג איבער 1/4 פון זייער Profits אין שטייַער כייוואַנז

Europe’s 20 biggest banks are registering over a quarter of their profits in tax havens – well out of proportion to the level of real economic activity that occurs there, according to a new report by Oxfam and the Fair Finance Guide International.

דער באַריכט, Opening the Vaults, suggests the discrepancy may have arisen because some banks are using tax havens to avoid paying their fair share of tax, to facilitate tax dodging for their clients, or to circumvent regulations and legal requirements.

The S&D Group vice-president responsible for economic and monetary affairs Udo Bullmann said: “The research done by Oxfam was made possible thanks to the public Country-by-Country Reporting (CBCR) information of the banking sector required by EU legislation.

“These revelations clearly underline how efficient the CBCR is. We succeeded as a Group to include this transparency requirement for the banks and we will keep fighting to extend this obligation to every big company with an annual turnover above 40 million € with a clear breakdown for each jurisdiction, inside and outside the EU.

"The top 20 EU banks have registered far more profits in tax havens than can be justified by their level of real economic activity taking place there.

"The European Parliament, the European Commission and the civil society have been repeatedly saying that profits should be taxed where the economic value is created. This report proves that this is still not the case and that much more remains to be done at EU level. The European Council must reach an agreement as soon as possible on a strong public country-by-country reporting for multinational companies and release a credible blacklist of tax havens."

Manon Aubry, Oxfam’s Senior Tax Justice Advocacy Officer said: “New EU transparency rules give us a glimpse into the tax affairs of Europe’s biggest banks and it’s not a pretty sight. Governments must change the rules to prevent banks and other big businesses using tax havens to dodge taxes or help their clients dodge taxes.”

אַדווערטייזמאַנט

“All companies and individuals have a responsibility to pay their fair share of tax. Tax dodging deprives countries throughout Europe and the developing world of the money they need to pay for doctors, teachers and care workers.”

“The EU’s transparency rules are starting to open up the often murky world of corporate taxation to public scrutiny.  These rules must now be extended to ensure all large corporations provide financial reports for every country where they operate. This will make it easier for all countries – including the poorest – to establish if companies are paying their fair share of tax or not,” said Aubry.

דאָ זענען עטלעכע פון ​​די שליסל פינדינגס:

הינטערגרונט

‘Opening the vaults: the use of tax havens y Europe’s biggest banks.

שער דעם אַרטיקל: