Cross-border tax currents: EU to move goalposts on evasion, OECD pursues global information exchange

By Keith Nuthall

The European Commission is attempting to move the legal boundary where tax avoidance becomes tax evasion, criminalising some aggressive tax planning that has caused controversy across Europe. The move is one of a number of recent practical tax and anti-fraud law reforms from Brussels intended to help tax authorities in the European Union (EU) collect reasonable levels of revenue.