Tax Transparency & Fairness
in Cashless Economy
In current economic growth models, financial crimes like tax evasion, money laundering and terrorism financing are considered long-term growth inhibitors. Not only they impact the economy but also social capabilities of Euroepan countries. Due to the ever-growing mobility, interconnectedness and digitalization of businesses and assets, EU Member States need to cooperate in order to establish a strong fiscal framework to combart tax evasion and organised crime. The German Presidency of the Council of the European Union has focused on fair, simplified and transparent taxation that would prevent financial crimes risks and ensure a Europe of security and common values.
Bringing together institutional actors and industry representatives, this discussion will highlight the need of a sustainable transparent and fair financial policy and tax system in the context of economic and social recovery and what would be the impact on SMEs.
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