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. Ā 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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