Tax Evaders Targeted by the Ministers of Finance

Politics ♦ Published: October 18, 2010; 17:22 ♦ (Vindobona)

Budget problems plague the majority of EU countries. In addition to budget discipline, the prosecution of tax evaders is to be addressed.

Tax Evaders Targeted by the Ministers of Finance / Picture: © Vindobona.org

Once again, EU finance ministers are covering the administrative assistance directive, which regulates the exchange of information between tax authorities and countries. Bank secrecy in Austria for EU foreigners is not affected by this.

The aim of the meeting of the ECOFIN Council is to reach a compromise on the directive about the coordinated cooperation of tax authorities…