European Union (EU) Tax Commissioner-designate Algirdas Semeta has urged member states to increase pressure on Austria and Luxembourg to sign the anti-fraud agreement with Liechtenstein

During a recent EU parliamentary committee meeting, the designated Tax Commissioner emphasized the fact that there are still member states within the EU who continue to oppose the agreement.

Given that the anti-fraud agreement with Liechtenstein is expected to serve as a model for the negotiation of further agreements with other countries, such as Switzerland and Monaco, it is imperative that the agreement is signed and sealed, he continued.

Source: Tax news