Wednesday, June 12, 2013

European Union To Intensify Their Hunt Of Alleged Tax Evaders

European Banks Are Deputized Tax Collectors

According to news reports (German language), the EU is planning more data exchange and reporting requirements for European banks on so called unearned income (interest, dividends, rent, capital gains etc.) of their customers.

To Criminalize Tax Payers Is A Fool’s Errand

As is so common in our time, these European politicians don’t get it. Taxes are way too high in many member countries of the European Union. Instead of lowering taxes, these economic illiterates and naïve busybodies have nothing better to do than to go after alleged tax evaders.

Tax Evasion Is Not Really A Crime


I have written more about this subject here.

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