Anti-globalization

The European Commission ordered Belgium on Jan. 11 to recover 700 million euros ($763 million) from 35 large companies in back taxes in the EU executive's biggest move yet to crack down on tax avoidance by multinationals.

The untaxed "grey" economy in Serbia is still cost the country about 30 per cent of its GDP, Nikola Altiparmakov, a member of the independent Fiscal Council, told parliament's Committee on Finance, State Budget and Control of Public Spending on Monday.

The European Commission on Wednesday said it held a first orientation debate on possible key actions to ensure a fairer and more transparent approach to taxation in the EU.

The President of the European Commission President, Jean-Claude Juncker, has made the fight against tax evasion and avoidance a top political priority of his Commission.

European Parliament President Martin Schulz said on Saturday that the European Union will help Greece recover the assets that have been taken out of the country.

More specifically, in an interview to "Parapolitika" newspaper, Schulz urged the Greek government to get to work and fight tax evasion and fraud.

I flew to Washington, D.C., on Monday to participate in the 2014 Annual Meetings of the International Monetary Fund and the World Bank Group

Switzerland’s rooted banks are facing challenges to reshape their business as they are forced to lift veil on their accounts, ending years-long lure of the country that turned into a tax haven

 Task Force sees progress but officials call for monitoring of evasion and increase in flow of bank credit

By Prokopis Hatzinikolaou

By Sotiris Nikas

The Finance Ministry plans to cancel the tax registration numbers of any taxpayers or enterprises that do not pay their due taxes as the government attempts to further contain its revenue losses.

By Alexis Papachelas

At some point we need to adopt a more practical approach to a number of sensitive issues and abandon the Northern European dogmatism that reads well on paper but has little practical effect. I am specifically referring to the ongoing talks between the government and the troika for steps to repatriate Greek capital that has been transferred abroad.

Minister: Tax evasion will no longer pay off

BELGRADE -- The new tax law marks the beginning of an aggressive campaign against the grey economy, tax evasion and under-collection of tax revenues, says Lazar Krstić.