Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-03-09-Speech-3-246-750"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20160309.23.3-246-750"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"I supported this report as the agreement between the EU and Andorra represents an important step in ongoing efforts to clamp down on tax fraud and tax evasion. Under the new agreement, the EU and Andorra will automatically exchange information on the financial accounts held on their territories by each other’s residents, starting in 2018 for information collected since 1 January 2017. The aim is to address situations where a taxpayer seeks to hide capital representing income or assets for which taxes have not been paid.
The agreement aims at ensuring that Andorra applies strengthened measures that are equivalent to the EU legal framework and that comply with the procedures for automatic exchange of financial account information promoted by the 2014 OECD Global standard. It will also benefit Andorra which has recently reformed its domestic tax system with the introduction of personal income taxation for its residents. As a result of the new agreement, tax administrations in the Member States and in Andorra will be able to: identify correctly and unequivocally the taxpayers concerned; administer and enforce their tax laws in cross-border situations; assess the likelihood of tax evasion being perpetrated and avoid unnecessary further investigations."@en1
|
| lpv:spokenAs | |
| lpv:unclassifiedMetadata |
Named graphs describing this resource:
The resource appears as object in 2 triples