EU to discuss tax havens blacklist after ‘Paradise Papers’ leaks

EU states plan Tuesday on a discussion of black list plans for a tax haven after the documents just released have revealed investments by rich people and institutions around the world, officials said. the insertion of the subject on the monthly agenda of EU finance ministers came after the daily newspapers quoting the “Papiri Paradiso”, a series of financial documents originated mostly by Appleby, one of the largest offshore law companies. The documents were obtained from the German newspaper Sueddeutsche Zeitung and shared with the international consortium of investigative journalists (ICIJ) and some media. Reuters did not check them independently. Appleby was not immediately available to comment. The latest revelations “re-emphasize the work the European Commission is doing to combat tax evasion”, EU Deputy Chief Executive Valdis Dombrovskis told reporters.