After the Panama Papers scandal and the success of the special committee created at the European Parliament to fight tax evasion, on 1 March the European Parliament set up a new committee which will continue to tackle financial crimes, tax evasion and tax avoidance.

This committee will build on the work carried out by PANA, TAXE and TAX2 committees and focus on the effective implementation and the appropriate follow up of the recommendations they made to the Member States and the Commission.

ALDE Group MEP Petr Ježek, co-rapporteur on the report of the PANA inquiry committee, said: "Our battle against money laundering and tax evasion is far from over, as also the Paradise Papers revelations have showed. We still have more enquiries to do and we have to explore how the recommendations we made in PANA, TAXE1 and TAXE2 are observed by the Commission and Member States. Fair taxation is certainly one of the elements which would enhance the benefits of globalisation."

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