EU Pivot From Tax Avoidance Crackdown Concerns Advocacy Groups

Tax justice groups are calling on the EU not to stray from its tax avoidance agenda, a move that looks increasingly likely as the bloc’s professed pivot toward simplification takes shape.

With governments losing hundreds of billions of euros to tax avoidance each year, there’s a risk that number “is going to go up instead of down,” said Tove Maria Ryding, who leads tax policy work at the European Network on Debt and Development.

The EU has passed multiple laws in recent years to address tax avoidance, most recently the adoption of an OECD-backed 15% minimum tax on multinational ...