Provisional agreement has been reached concerning the funding of the EU’s tax cooperation programme, “Fiscalis” for the period 2021 – 2027.
The programme supports cooperation between tax administrations by way of funding improved and better connected IT systems, the sharing of good practices and training, coordination of joint audits and risk management processes and fostering Union competitiveness.
Commissioner Pierre Moscovici said of the agreement, “Today’s agreement will allow the Fiscalis programme to continue supporting Member States to work together to find innovative solutions to the problems facing our tax administrations. When coupled with new technology, this work can have a hugely positive effect in our overall fight against tax avoidance and tax evasion, thereby protecting our Single Market. The Fiscalis programmemay have a small budget, but it has a big added value.”
The provisional agreement must now be formally approved by Parliament and Council.