EU's Moscovici urges fast action against tax 'vampires' after Paradise Papers

BRUSSELS (Reuters) – The European Union needs a quick agreement on proposed rules for lawyers, bankers and other advisers that help devise ways to aggressively cut tax bills, the European tax commissioner said on Tuesday.

European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the EU executive’s autumn economic forecasts during a news conference at the EU Commission headquarters in Brussels, Belgium November 9, 2017. REUTERS/Yves Herman

The appeal for more transparency on tax matters comes after new revelations, known as the Paradise Papers, of widespread use by companies and wealthy individuals of off-shore

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