How to stop losing €825bn a year to tax evasion
20-3-2026 Sociaaldemocraten EU
Following leadership from the Socialists and Democrats, the most ambitious report from the European Parliament so far on how to tackle tax evasion, tax avoidance and money laundering has been voted today. Tax justice in Europe comes one-step nearer to stopping €825 billion of tax evasion - which represents a loss of €1.600 on the shoulders of each EU citizen. In addition, the EU is losing €160 to €190 billion due to tax avoidance each year.
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