Reviewed EIB tax haven policy not effective

On December 15th, 2010 the European Investment Bank made public its policy towards weakly regulated, non-transparent and uncooperative jurisdictions’ which is a revision of its former policy on tax havens. Although the Bank’s policy goes further than other IFI’s policies, it still contains a number of unacceptable loopholes and more importantly it won’t prevent European public money from finding its way to tax havens.

Read our fundamental critiques and blog in which we explain why this reviewed policy won’t be effective.

 

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