ACTION PLAN TO STRENGTHEN THE FIGHT AGAINST FRAUD AND TAX EVASION IN THE EUROPEAN UNION

Tax fraud and tax evasion restricts countries' ability to generate revenue and to pursue economic policies. At a time of budgetary constraints, the fight against tax fraud and tax evasion is more than a matter of tax fairness - becomes an essential element for social and political acceptability of fiscal consolidation. The European Council agreed to accelerate work in the fight against tax fraud, tax evasion and aggressive tax planning. In particular, it will advance priority in the work of promoting and broadening the scope of the automatic exchange of information at all levels.