EP Committee Finds Hungary Shows Traits of Tax Haven
MTI-Hungary Today 2019.03.27.
Hungary is among seven European Union countries that “display traits of a tax haven and facilitate aggressive tax planning”, according to a finding by the European Parliament’s Special Committee on Financial Crimes, Tax Evasion and Tax Avoidance (TAX3).
The finding was among conclusions in a package of recommendations approved by MEPs on Tuesday after a one-year inquiry.
The other six countries are Belgium, Cyprus, Ireland, Luxembourg, Malta and the Netherlands.
Among the recommendations in the package are ones to start work on a proposal for a European financial police force and an EU financial intelligence unit, as well as the establishment of an EU anti-money laundering watchdog.