. – The EPP Group in the European Parliament strongly condemns any practices of tax evasion, aggressive tax planning, tax avoidance, tax fraud and money laundering. These practices undermine the economic and social model of the social market economy, which we defend and promote, and undermine solidarity within society. In particular, in this challenging time of post-pandemic recovery, these practices deprive the Member States and the EU of resources needed for important investments in our common future.
The EPP welcomes the continuous work of journalists and civil society to investigate and engage in the combat against money laundering, tax evasion and avoidance. The dimension of the Pandora Papers insights is, in particular in view of the series of revelations following the 2008-2009 financial crisis, alarming and shows the need to intensify the fight against tax evasion, aggressive tax planning, tax avoidance, tax fraud and money laundering on a European, as well as on a global, level. Today’s vote on a joint motion for a resolution showed a broad majority in this House for that position.