The European Commission is set to lay out new plans today for a unified approach to tackling tax evasion across member states, including setting up a dedicated team of auditors.
The Commission will argue a common approach will "defeat the fraudsters and evaders" and enable it to "reclaim vast sums of money that are legitimately due".
It is expected to suggest the possibility of EU-wide minimum rules for certain types of tax offences and will look at introducing cross-border tax identification numbers for businesses, to allow countries to exchange information automatically, reports The Times.
It is also considering setting up a team of auditors focused specifically on cross-border tax fraud to improve the fight against tax evasion in the 27 countries of the European Union.
Algirdas Šemeta, the Lithuanian Commissioner for taxation, customs and audit, said: "Let there be no illusion: tax evaders steal from the pockets of ordinary citizens and deprive member states of much-needed revenue.
"If we want fair and efficient tax systems, we must stamp out this activity. The political will to intensify the battle is there. Now it is time to translate that into action."
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