The European Parliament wants to see action taken against tax evasion and tax avoidance, which between them cost an estimated trillion euros per annum in lost state revenues. SP Euro-MP Dennis de Jong sees tackling tax dodging as a crucial part of the strategy to address the crisis. ‘It’s disgusting to see multinationals such as IKEA, the overseas Italian oil company ENI, the supposedly Greek soft drink bottler Coca-Cola HBC, and the biggest Portuguese supermarket chain Jerónimo Martins avoiding taxes by means of a Dutch postbox company’, says De Jong. ‘And all of this at a time when in Europe ordinary people are having to tighten their belts as a result of the mania for spending cuts. The strongest shoulders are now carrying the lightest loads, and that’s got to change.’
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