EU Proposals About Money, Not Tax Fairness: Former OECD Official (1)

The European Commission says it wants to fight tax avoidance among large companies, but its motives amount to a power grab, a former OECD official said.

The work on the OECD’s base erosion and profit shifting action plan has been completed, said Marlies de Ruiter, the former head of the OECD’s tax treaties and transfer pricing division. Now, the competition authority’s most recent proposals are aimed at filling its own coffers, she said.

“This isn’t at all about BEPS anymore. Tax avoidance has been addressed; the measures have been taken,” said de Ruiter, now a partner at EY.