Tax haven protest in Brussels Schuman round about

Tax haven protest in Brussels Schuman round about

Several NGOs installed a “tax haven” at the Schuman roundabout with a beach, cocktails and flowers. The exotic tax haven was installed on Tuesday (12 April) in the heart of the European institutions and was intended to put pressure on EU to ensure more corporate tax transparency.

The European Commission on Tuesday presented measures against tax evasion. "But we cannot say that they go far enough," said Maaike Vanmeerhaeghe from Oxfam Solidarity. "There are too few companies subject to the new rules and they remain limited to a number of countries."

Oxfam and other NGOs will continue to put pressure on EU. Currently, a petition which already has been signed by nearly 250,000 people is circulating throughout the EU. In early May, the NGOs will hand over the Belgian signatures - already 20,000 - to the Minister of Finance, Johan Van Overtveldt.

"Every year at least 156 billion euro disappear because rich people or multinational companies place huge amounts of money in tax havens," Oxfam states.

The Brussels Times (Source: Belga)

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