EU launches official one-year inquiry into Panama Papers scandal

Contributing sentiments towards policy:

47% : A detailed statement within the mandate declares: "In times when the European Union is still coping with the consequences of the crisis from the end 2000s, European institutions have a duty to ensure that the fight against tax fraud, avoidance and illegal activities is given priority and has the best legislative framework possible".
44% : MEP Hugues Bayet said: "By endorsing the principle that taxes must be paid where profits are made, we are sending a clear signal to EU member states about the need for ambitious progress to fight tax evasion.
38% : The Socialists and Democrats (S&D) political grouping in the European Parliament says EU countries lose between 100 and 240 billion euros in taxes every year because of "aggressive corporate tax planning".

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