6
Oct
2021
Watch
Pandora Papers: implications on the efforts to combat money laundering, tax evasion and avoidance (debate)
Madam President, Commissioner, Mr President-in-Office of the Council, the truth is that I am in this debate deeply ashamed. And ashamed because we have been repeating debates similar to this for years and we are not able to put the necessary measures to avoid it. I appreciate and support the tremendous effort of the Commission and Commissioner Gentiloni in the progress he has made in the fight against money laundering, on the road to harmonising a minimum corporate tax rate, which seems to be progressing reasonably well. But it's not enough. It's obviously not enough. And every day that we wake up with news similar to that of the Pandora papers, we should, I don't know if to reflect, because I believe that everything is already reflected, but to really get to work. And, in my opinion, our friends in the Council have a lot to do. Because many of the initiatives supported by this Parliament and proposed by the Commission end up being blocked in the Council. And we will talk later, in the next debate, about the list of tax havens. But it's really embarrassing that the same week we know about Pandora's papers a list of tax havens is made public that is not presentable. And I know that the Commission is aware that this list cannot work like this. What surprises me is that at some point the Commission will not tell the Council that enough is enough, that it cannot be that the list of tax havens will always end up blocked and cut by the Council. Finally, we have reached the moment of truth and the Council – you and the other governments – must take responsibility once and for all.