EU's Moscovici slams Ireland, Netherlands as tax black holesStaff Writer | January 19, 2018
A top EU official accused several European countries, including Ireland and the Netherlands, of being tax policy "black holes" and promised to pressure them to change their ways.
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"Some European countries are black holes... I want to address this," he added.
Former French finance minister Moscovici spoke ahead of an EU finance ministers meeting in which the bloc was expected to whittle down a month-old blacklist of non-EU tax havens from 17 countries to nine.
When the list was announced in December, NGO Oxfam said four European countries - Ireland, Luxembourg, Malta and the Netherlands -- deserved to be on the list if the EU's criteria were being faithfully applied.
Moscovici denied this, but added: "If you realise that the tax flows go to this or that country: Ireland, the Netherlands, Luxembourg, Malta, Cyprus (...), let's talk about how to solve things." ■