The European Parliament decided to set up a special
committee on financial crimes, tax evasion and tax avoidance,
vested with the following powers:
- to follow up on the progress by the Member States in
ending tax practices which allow for tax avoidance and/or tax
evasion that are harmful for the proper functioning of the
single market, as referred to in its abovementioned resolutions of
25
November 2015 and 6
July 2016 and recommendation
of 13 December 2017;
- to assess how EU VAT rules were circumvented in the
framework of the Paradise Papers and to evaluate in a more
general way the impact of VAT fraud and administrative cooperation
rules in the Union;
- to analyse the exchange of information and
coordination policies between the Member States and
Eurofisc;
- to contribute to the ongoing debate on taxation of the
digital economy;
- to assess national schemes providing tax privileges
(such as citizenship programmes);
- to follow closely the ongoing work of, and
contribution by, the Commission and Member States in
international institutions, including the OECD, G20, UN and
the Financial Action Task Force (FATF);
- to analyse and assess the third‑country
dimension in tax avoidance practices, including the impact on
developing countries;
- to assess the methodology, country screening and
impact of the EU list of non-cooperative jurisdictions for tax
purposes (EU blacklist of tax havens), the removal of
countries from the list.
The committee shall make any recommendations it deems
necessary in its area of competence, based on work carried out by
the TAXE 1 and TAXE 2 special committees and the PANA inquiry
committee. It shall take into account in its work the recent
Paradise Papers revelations from 5 November 2017 and any relevant
developments within the remit of the Committee that emerge during
its term.
The special committee shall have 45 members and
its term of office shall be 12 months.