Facing up to the mounting cost of the war in Ukraine

The Brussels Times

Belgium, (Brussels Morning Newspaper) The EU is being urged to step up the fight against those who dodge paying tax. Europe and the US each lose at least a trillion euros, or dollars, every year to tax avoidance or evasion.

Giles Merritt, the founder of the respected Brussels-based Friends of Europe, says “it’s clearly time” to address the “huge” problem of corporate tax dodging and the “ability of the world’s wealthiest to pay little or nothing in tax.” Wage earners and small businesses bear the brunt, being easily assessed and often taxed at source.

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