Which countries tax their citizens the most?

Invest/Finance

Which countries tax their citizens the most? Which countries tax their citizens the most? Where do taxpayers pay the highest income taxes? In 2019, the highest income earners in Sweden pay a whopping 57.19 percent, more than anywhere else in the world. This is significantly more than the OECD average of 41.65

Taxation: Council revises its EU list of (non)cooperative jurisdictions

Invest/Finance

eisf-European-Investment-Stabilisation-Function

The Council adopted revised conclusions on the EU list of non-cooperative jurisdictions for tax purposes. In addition to the 8 jurisdictions that were already listed, the EU also decided to include the following jurisdictions in its list of non-cooperative tax jurisdictions: Cayman Islands; Palau;

Commission to tackle tax discrimination against mobile EU citizens

Invest/Finance

Commission to tackle tax discrimination against mobile EU citizens Tax discrimination still present in the EU? Member States' tax provisions are to be scrutinized to ensure that they do not discriminate against mobile EU citizens, in a targeted initiative launched by the Commission. The focus is on both economically active individuals

Q&A: The protection of EU financial interests and the fight against fraud

Invest/Finance

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What is the purpose of the Annual Report on the Protection of the EU's Financial Interests? Member States have to adopt all necessary measures to protect the EU budget, and to counter fraud and any other illegal activities affecting the financial interests of the EU. They are obliged to report all

Council approves measures to tackle VAT fraud schemes

Invest/Finance

The Council has adopted two directives that will enable member states to better combat VAT fraud, facilitating rapid reaction and allowing a specific measure to tackle so-called "carrousel fraud". The importance of such measures amongst a number of initiatives aimed at better combating tax evasion and tax fraud was highlighted