Tax crimes substantially impact the budgets of EU Member States and create damage to society. Efficient criminal countermeasures can prevent and mitigate the impact of tax crimes, but the efforts of law enforcement agencies and tax authorities are hindered by various challenges, for instance the...
The recent FinCEN files leak demonstrated the scale of the problem of information-sharing across borders when it comes to countering tax crimes and financial misconduct around the world. The blatant information-sharing deficit within the global financial system serves as a strong policy wake-up call and...
Project coordinator Prof Dr Umut Turksen and Dr Adam Abukari from the Centre for Financial and Corporate Integrity at Coventry University, co-authored a new publication on “OECD’s global principles and EU’s tax crime measures”. The article was published open access in the Journal of Financial...
In this blog, our partner the Estonian Tax and Customs Board provides an example of key challenges met in the prosecution of tax crime for the law enforcement agency’s point of view. During the PROTAX focus groups, we meet tax experts, tax authorities representatives, Law Enforcement...
This article provides an overview of the recent developments in law enforcement practices pertaining to tax evasion in Malta. A particular focus is given to information exchanges between the Financial Intelligence Analysis Unit (FIAU), tax & custom authorities and the police. Legislative Framework Amendments to the Prevention...
In this article PROTAX partner, VICESSE, discusses different perspectives in understanding and offering solutions to countering tax crimes. Focus groups and the benefit of cross-sectoral collaborations The charm of bringing experts with different professional backgrounds, roles and duties together to discuss problems of tax crimes in a...
In this article, PROTAX partner, the Austrian Federal Ministry of Constitutional Affairs, Reforms, Deregulation and Justice, reflects on the challenges and obstacles met in investigating tax crimes and offers possible solutions. Key Challenges Efficient and target-oriented detection is, therefore, an important aspect in the fight against tax...
The Panama Papers, Paradise Papers, Swiss Leaks and Luxleaks and other disclosures have shone the spotlight on the magnitude of the problem that tax evasion and money laundering play today. While collecting taxes remains within the competence of each individual EU Member State, tax evasion...
Tax evasion has, historically, been a great concern to governments across the world. It is a complex phenomenon involving diverse actors and enablers who wilfully develop and operate strategies to cocoon themselves from the tax authorities or avoid paying taxes. The EU Commission reported that...
Researchers, law enforcement agencies and national tax authorities from several EU countries are joining forces in the newly launched, EU-funded PROTAX project, for a concerted and timely initiative to combat tax crime in Europe. The PROTAX consortium is looking for answers to questions like these: Why...