Global menu

Our global pages

Close

Eversheds comment: EU can't tackle tax avoidance in isolation

  • United Kingdom

    22-05-2013

    As EU leaders prepare to discuss a coordinated approach to tackling the issue of tax avoidance, Ben Jones, tax expert at global law firm Eversheds, says:

    "Given the highly public recent questions over the tax affairs of some prominent multinational companies, it is perhaps inevitable that tax avoidance will dominate this EU summit. However, while the issue deserves this top level attention, the public should not expect any game-changing developments and indeed it would be wrong for the EU to try to tackle the issue on its own.

    "The problem is global in scope and requires a detailed review that ultimately leads to changes to the system of international tax law that governs cross-border transactions and businesses. Uncoordinated attempts by individual countries or blocs of countries to tackle the issue may actually create more tax "loopholes" or have a detrimental impact on businesses that do not engage in aggressive tax planning, damaging rather than benefiting some economies."

    Ben Jones, Partner

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

    < Go back

    Print Friendly and PDF

    © Eversheds Sutherland 2021. All rights reserved. Eversheds Sutherland is a global provider of legal and other services operating through various separate and distinct legal entities.

    Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client.