European Parliament and Committee on Economic and Monetary Affairs 21 January 2021, European Parliament resolution of 21 January 2021 on reforming the EU list of tax havens (2020/2863(RSP))

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This European Parliament resolution calls for a comprehensive reform of the EU list of non-cooperative tax jurisdictions to address perceived deficiencies in transparency, governance, and listing criteria. The Parliament advocates for formalizing the listing process through a legally binding instrument, introducing a standalone criterion for minimum effective taxation, and ensuring consistency by screening Member States against the same standards applied to third countries. Furthermore, the resolution proposes a coordinated toolbox of defensive measures, including withholding tax measures and the non-deductibility of costs, to strengthen enforcement against tax avoidance and harmful tax competition.AI