The EU Tax Observatory (EUTO, Eutax) is an independent research institute dedicated to studying tax evasion and avoidance in the European Union, established in June 2021.[1] Its offices are hosted at the Paris School of Economics, with staff also hosted at the University of Copenhagen.[2] In its first year of operation its budget was €1.1 million, funded primarily by the EU's Directorate-General for Taxation and Customs Union.[2]

EU Tax Observatory
EU Tax Observatory
AbbreviationEUTO or Eutax
FormationJune 2021; 3 years ago (2021-06)
TypeResearch institute
PurposeBasic research
HeadquartersParis, France
FieldsTaxation
Director
Gabriel Zucman
FundingEuropean Union
Staff~30 (in 2024)
Websitewww.taxobservatory.eu

The Observatory's October 2023 annual report on tax evasion described the potential impact of a wealth tax on billionaires and of a minimum tax on companies' profits.[3][4][5] It also describe ways for countries to unilaterally implement such policies and fight tax avoidance.

Notes and references

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  1. ^ "New European Tax Observatory to support fight against tax abuse through cutting-edge research" (Press release). Brussels: European Commission. 2021-06-01. Retrieved 2024-02-08.
  2. ^ a b "Eutax Observatory Annual Report 2021-2022" (PDF). August 2022.
  3. ^ Horobin, William (October 22, 2023). "Billionaires Should Pay a Global Minimum Tax, Researchers Say". Bloomberg.
  4. ^ Makortoff, Kalyeena (2023-10-22). "EU-funded report calls for wealth of super-rich to be taxed, not income". The Guardian. ISSN 0261-3077. Retrieved 2024-02-08.
  5. ^ Lukpat, Alyssa. "EU Think Tank Proposes Global Minimum Tax on Billionaires". WSJ. Retrieved 2024-02-08.
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