Ukrainian Law Blog
Freedom means the supremacy of human rights everywhere
Thursday, December 14, 2017
EU countries are not 'tax havens', parliament says
Malta, the Netherlands, Luxembourg and Ireland cannot be considered as tax havens, the European Parliament agreed on Wednesday (13 December).
A Socialist group amendment listing the four EU member states specifically by name was part of 211 recommendations
contained in a report
by a special inquiry committee into money laundering, tax avoidance and evasion, the PANA committee.
According to the text, foreign direct investment in Malta amounts to "1,474 percent of the size of its economy", while Luxembourg and the Netherlands combined have more inward investment than the US.
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