Fabio de Masi

Last updated on 2017-06-09T06:05+0300.

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Fabio de Masi told : “South Africa must bring to justice those who make its citizens suffer. This requires swift action of the South African government to request cross border assistance on prosecuting the management of Vossloh. The visit of Chancellor Angela Merkel in February is an important opportunity to discuss those matters,” External link

dailymaverick Wednesday, January 22, 2020 5:31:00 AM EAT

Fabio de Masi told : “My possibilities to pursue the issue further in the German parliament are limited as long as the South African authorities do not act,” External link

dailymaverick Wednesday, January 22, 2020 5:31:00 AM EAT

Fabio de Masi says ( about Donald Trump ) : "Straight talk is the only language Donald Trump understands," External link

spiegel-en Friday, August 23, 2019 8:19:00 PM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

watoday Saturday, March 23, 2019 1:55:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

smh Saturday, March 23, 2019 1:40:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

brisbanetimes Saturday, March 23, 2019 1:27:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

theage Saturday, March 23, 2019 1:10:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

4-traders Friday, March 22, 2019 4:46:00 PM EAT

Fabio de Masi said : “You don’t get an eagle out of two sick turkeys,” External link

news-yahoo Wednesday, March 20, 2019 8:39:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

news-yahoo Tuesday, March 19, 2019 1:36:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

channelnewsasia Tuesday, March 19, 2019 1:34:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

firstpost Tuesday, March 19, 2019 3:40:00 AM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

firstpost Tuesday, March 19, 2019 1:26:00 AM EAT

Fabio de Masi kommentiert ( about Olaf Scholz ) : „Im EU-Binnenmarkt ist Steuerpolitik eine Waffe, um die Steuerzahler anderer Länder auszunehmen. Daher wäre es sinnvoll, wenn bei grenzüberschreitenden Aspekten der Unternehmensbesteuerung zukünftig mit qualifizierter Mehrheit auch gegen Steueroasen wie Malta, Zypern oder Irland entschieden werden könnte. Der Vorschlag der EU-Kommission ist jedoch unzureichend. Finanzminister Olaf Scholz taucht in dieser wichtigen europäischen Debatte weg” External link

newskitchen Tuesday, January 15, 2019 6:09:00 PM EAT

Fabio de Masi kommentiert : „Der Geldwäscheskandal um die Danske Bank offenbart die kriminelle Energie in den Vorstandsetagen. Nicht nur deutsche Banken, auch deutsche Firmen haben mitgemischt. Dabei haben Deutsche Bank und Commerzbank entweder gepennt oder das illegale Treiben aus Profitgier vorangetrieben, während Konzernkonten mit prallen 31 Millionen Euro vollgemacht wurden. Beide Banken sind ein Sicherheitsrisiko für die Steuerzahler und wurden direkt und indirekt von den Steuerzahlern in der Krise gerettet” External link

newskitchen Thursday, January 10, 2019 5:48:00 PM EAT

Fabio de Masi kommentiert : „Am 5. Januar ist Happy Fat Cat Day! An diesem Tag hat ein DAX-Vorstand durchschnittlich bereits so viel verdient wie ein normaler Beschäftigter der Firma im gesamten Jahr 2019“ External link

newskitchen Friday, January 4, 2019 4:01:00 PM EAT

Fabio de Masi kommentiert : “Dies war ein Gipfel der Schlafwandler. Die Eurozone würde den Stresstest einer neuen Finanzkrise kaum bestehen” External link

newskitchen Friday, December 14, 2018 4:42:00 PM EAT

Fabio de Masi déclaré : «Après l'affaire LuxLeaks, le nouveau gouvernement avait promis de faire un grand nettoyage. Mais le nombre d'accords fiscaux a encore augmenté depuis les révélations» External link

lessentiel-lu-fr Thursday, March 9, 2017 8:27:00 AM EAT

Fabio de Masi added ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi argued ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi argued ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi added : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi argued : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi argued : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi concluded : "With a corporate tax rate of just 5 per cent and an almost 100 per cent tax refund for shareholders, Malta has one of the most lenient corporate tax regimes in the EU, which in turn facilitates the laundering of criminal money”. “In the past, Malta has lobbied the Council against efforts for more corporate transparency and against stricter anti-money laundering rules. In a country where political elites - from conservatives to the social democrats - have featured so prominently in the Panama Papers. The Maltese government should expect tough questioning from the public on money laundering and tax dodging during the current EU Presidency," External link

gue-ngl Monday, February 20, 2017 5:45:00 PM EAT

Fabio de Masi concluded : "Weak rules will allow a few traders to control an entire market and set prices in their own interest. Almost 10 years on from the collapse of Lehman Brothers, we still continue like business as usual - sleepwalking into the next crash" External link

gue-ngl Wednesday, February 15, 2017 7:55:00 PM EAT

Fabio de Masi concluded : "Weak rules will allow a few traders to control an entire market and set prices in their own interest. Almost 10 years on from the collapse of Lehman Brothers, we still continue like business as usual - sleepwalking into the next crash" External link

gue-ngl Wednesday, February 15, 2017 7:55:00 PM EAT

Fabio de Masi argued ( about The UK ) : "Tax dodging is not a petty crime and it ravages our budgets. The UK is also undermining our work on the EU's tax haven blacklist by preventing strong criteria for screening. Its government has already announced its intention to go further down that route post-Brexit and lower tax rates to a minimum. The EU must get tough on tax havens and introduce hefty withholding taxes against non-cooperative jurisdictions as well as withdrawing the licences of banks and lawyers that continue to aid tax dodging," External link

gue-ngl Thursday, February 9, 2017 6:26:00 PM EAT

Fabio de Masi argued ( about The UK ) : "Tax dodging is not a petty crime and it ravages our budgets. The UK is also undermining our work on the EU's tax haven blacklist by preventing strong criteria for screening. Its government has already announced its intention to go further down that route post-Brexit and lower tax rates to a minimum. The EU must get tough on tax havens and introduce hefty withholding taxes against non-cooperative jurisdictions as well as withdrawing the licences of banks and lawyers that continue to aid tax dodging," External link

gue-ngl Thursday, February 9, 2017 6:26:00 PM EAT

Fabio de Masi concludes ( about Mossack Fonseca ) : "This is an important signal, but we should not forget there are still gaping loopholes in the anti-money laundering legislation. GUE/NGL has proposed comprehensive amendments to plug those loopholes, achieve real transparency of letterbox companies and deter banks and law firms like Mossack Fonseca from aiding tax crimes and money laundering through severe fines and licence withdrawal in repeated cases," External link

gue-ngl Thursday, January 19, 2017 5:43:00 PM EAT

Fabio de Masi concludes ( about Mossack Fonseca ) : "This is an important signal, but we should not forget there are still gaping loopholes in the anti-money laundering legislation. GUE/NGL has proposed comprehensive amendments to plug those loopholes, achieve real transparency of letterbox companies and deter banks and law firms like Mossack Fonseca from aiding tax crimes and money laundering through severe fines and licence withdrawal in repeated cases," External link

gue-ngl Thursday, January 19, 2017 5:43:00 PM EAT

Fabio de Masi said ( about Mark Carney ) : “I think Mark Carney has a point,” External link

politico-eu Wednesday, January 11, 2017 10:41:00 PM EAT

Fabio de Masi said : “Malta is hardly a credible broker in the Council when it comes to tax avoidance and money laundering,” External link

politico-eu Wednesday, January 11, 2017 8:25:00 PM EAT

Fabio de Masi said : “Malta is hardly a credible broker in the Council when it comes to tax avoidance and money laundering,” External link

politico-eu Wednesday, January 11, 2017 8:25:00 PM EAT

Fabio de Masi concluded : “The Commission must free itself from the dark shadow of Mr Juncker. It must help end tax competition instead of lowering real taxes for corporations through full transparency in the country-by-country reporting and a reform of the Common Consolidated Corporate Tax Base (CCCTB),” External link

gue-ngl Monday, January 2, 2017 4:21:00 PM EAT

Fabio de Masi said : "It is scandalous that banks under the control of 'IS' still have access to the international SWIFT system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said : "It is scandalous that banks under the control of 'IS' still have access to the international SWIFT system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said ( about Commission ) : "Neither the European Council, the European Commission nor the German federal government could answer the written inquiry into just how many accounts with connections to 'IS' have been shut out of the EU's banking system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said ( about Commission ) : "Neither the European Council, the European Commission nor the German federal government could answer the written inquiry into just how many accounts with connections to 'IS' have been shut out of the EU's banking system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi saying : “According to Oxfam , four of the world’s top ten tax haven are in the EU. There is enough dirty laundry to be cleaned". "Halet, Deltour and Perrin had clearly acted in the public interest. The number of dubious tax rulings has actually increased dramatically since the LuxLeaks . This shows how urgently we need more decisive action against tax dumping in the EU,” External link

gue-ngl Monday, December 12, 2016 3:27:00 PM EAT

Fabio de Masi saying : “According to Oxfam , four of the world’s top ten tax haven are in the EU. There is enough dirty laundry to be cleaned". "Halet, Deltour and Perrin had clearly acted in the public interest. The number of dubious tax rulings has actually increased dramatically since the LuxLeaks . This shows how urgently we need more decisive action against tax dumping in the EU,” External link

gue-ngl Monday, December 12, 2016 3:27:00 PM EAT

Fabio de Masi said ( about Mario Draghi ) : “The compromise reached in the trialogue weakens the Parliament’s position in fundamental ways. For instance, the sunset-clause on LVNAV (low-volatility net asset value) funds was struck down. As were stronger position limits for CNAV (constant net asset value) funds - which promise a fixed redemption value similar to a bank account - and the ban on investments in other MMFs which should have limited contagion risk,” “Even the European Systemic Risk Board (ESRB) and its chairman Mario Draghi warned of the risk that CNAV funds pose to financial stability. These funds contributed significantly to the development of the financial crisis in the US” External link

gue-ngl Thursday, December 8, 2016 5:19:00 PM EAT

Fabio de Masi said ( about Raphael Halet ) : “The story of Halet is another glaring example of the EU’s utter failure to protect those that sacrifice much in their life for the public interest,” External link

politico-eu Thursday, December 8, 2016 10:35:00 AM EAT

Fabio de Masi argued : “The European Union is planning to exempt investment into the Defence Union from the Deficit Rules. Apparently, investment into the military-industrial complex is no problem. So why not invest into housing, hospitals and education instead?” External link

gue-ngl Tuesday, December 6, 2016 11:46:00 PM EAT

Fabio de Masi argued : “The European Union is planning to exempt investment into the Defence Union from the Deficit Rules. Apparently, investment into the military-industrial complex is no problem. So why not invest into housing, hospitals and education instead?” External link

gue-ngl Tuesday, December 6, 2016 11:46:00 PM EAT

Fabio de Masi argued : "Joe Stiglitz basically confirmed all the elements of a fairer tax system that we have long called for: starting with zero tolerance for secrecy through comprehensive and public registers for the beneficial owners of companies and trusts, as well as a fully-fledged country by country reporting. “When battling money-laundering and tax crime, we need a strong focus on the enforcement of rules: from penalties such as licence withdrawal for banks and law firms to source taxes and restrictions on financial market access for jurisdictions that refuse to reform”. “This has to include sub-federal entities like Delaware and Nevada in the US - as Stiglitz has explicitly confirmed,” said De Masi. “Furthermore, there needs to be a global end to tax competition as amply demonstrated by ICRICT. The setting of tax rates has become a race to the bottom and leaves the other 99 per cent to bear the brunt. “As long as multiple EU member states continue to oppose closer co-operation, we’d need unilateral protective action via source taxes on profit transfers. “Without tax justice, there is no end to this disastrous austerity regime in the EU. Without an end to austerity, there is no future for the EU," External link

gue-ngl Wednesday, November 16, 2016 4:51:00 PM EAT

Fabio de Masi argued : "Joe Stiglitz basically confirmed all the elements of a fairer tax system that we have long called for: starting with zero tolerance for secrecy through comprehensive and public registers for the beneficial owners of companies and trusts, as well as a fully-fledged country by country reporting. “When battling money-laundering and tax crime, we need a strong focus on the enforcement of rules: from penalties such as licence withdrawal for banks and law firms to source taxes and restrictions on financial market access for jurisdictions that refuse to reform”. “This has to include sub-federal entities like Delaware and Nevada in the US - as Stiglitz has explicitly confirmed,” said De Masi. “Furthermore, there needs to be a global end to tax competition as amply demonstrated by ICRICT. The setting of tax rates has become a race to the bottom and leaves the other 99 per cent to bear the brunt. “As long as multiple EU member states continue to oppose closer co-operation, we’d need unilateral protective action via source taxes on profit transfers. “Without tax justice, there is no end to this disastrous austerity regime in the EU. Without an end to austerity, there is no future for the EU," External link

gue-ngl Wednesday, November 16, 2016 4:51:00 PM EAT

Fabio de Masi concluded : “Lastly, a blacklist only makes sense if it is accompanied by sanctions. For financial flows in and out of tax havens, double tax agreements have to be terminated and penalty taxes have to be imposed. Banks active in offshore jurisdictions must therefore lose their licenses in the EU,” External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi concluded : “Lastly, a blacklist only makes sense if it is accompanied by sanctions. For financial flows in and out of tax havens, double tax agreements have to be terminated and penalty taxes have to be imposed. Banks active in offshore jurisdictions must therefore lose their licenses in the EU,” External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said : “I expect action on behalf of Mr. Juncker who has to ask Mr. Oettinger to resign,” External link

politico-eu Tuesday, November 1, 2016 9:27:00 AM EAT

Fabio de Masi said ( about Commission ) : "The rules governing which enterprises belong to the same company are defined too narrowly and, on top of that, tax havens outside of the EU are excluded from the Commission's proposal," External link

gue-ngl Wednesday, October 26, 2016 5:38:00 PM EAT

Fabio de Masi asked : “States like Delaware and Nevada have such lenient tax laws that they are effectively tax havens, so perhaps it’s time we revisit and adjust the blacklist to include sub-federal level jurisdictions?” External link

gue-ngl Thursday, October 13, 2016 6:31:00 PM EAT

Fabio de Masi asked : “States like Delaware and Nevada have such lenient tax laws that they are effectively tax havens, so perhaps it’s time we revisit and adjust the blacklist to include sub-federal level jurisdictions?” External link

gue-ngl Thursday, October 13, 2016 6:31:00 PM EAT

Fabio de Masi added ( about Jose Manuel Durao Barroso ) : "Barroso walks through the revolving-door into Goldman Sachs whilst EU citizens are living through the financial crisis and austerity policies. The EU’s cosy love affair with big money means the transparency rules and the code of conduct are insufficient. “ “We need a cooling-off period of at least three years, a legislatively binding transparency register and tough sanctions against the breach of the code of conduct," External link

gue-ngl Wednesday, October 12, 2016 1:01:00 PM EAT

Fabio de Masi said ( about Commission ) : “We need a strict cooling-off phase. The lobby register must be legally binding and the Commission's expert groups must be transparent and well-balanced,” External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi said ( about Commission ) : “We need a strict cooling-off phase. The lobby register must be legally binding and the Commission's expert groups must be transparent and well-balanced,” External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi argued : "American President F.D. Roosevelt once said, ‘ We know now that government by organised money is just as dangerous as government by organised mob’”. “Too often the European Commission is just another name for European corruption . Kroes, Juncker, Barroso.... enough is enough. Commissioners must serve the people and not big businesses or their own financial interests," External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi argued : "American President F.D. Roosevelt once said, ‘ We know now that government by organised money is just as dangerous as government by organised mob’”. “Too often the European Commission is just another name for European corruption . Kroes, Juncker, Barroso.... enough is enough. Commissioners must serve the people and not big businesses or their own financial interests," External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi added ( about Commission ) : “The European Commission (EC) too often means European Corruption. It is this European Union of big business and ruthless theft of Brussels oligarchs which people disdain. The very same politicians that preach to our people to cut back on wages, pensions and public services join shady criminals in the trillion euro industry of tax dodging, money laundering and corruption,” External link

gue-ngl Thursday, September 22, 2016 12:35:00 PM EAT

Fabio de Masi concluded : "Pension benefits and similar privileges for Ms Kroes have to be removed immediately. The European Commission must now legislate tough cool-off periods for former EU officials to prevent revolving doors, tighten penalties for breaches of the code of conduct and close loopholes in the Anti-Money Laundering Directive," External link

gue-ngl Thursday, September 22, 2016 12:35:00 PM EAT

Fabio de Masi said : “But more to the point, the EU state aid rules are too complicated with around 20 EU officials in charge. We need proper transparency and we must start taxing company profits when they operate in the EU - not where Apple and such like have their mailboxes,” External link

gue-ngl Wednesday, September 14, 2016 8:41:00 PM EAT

Fabio de Masi said : “I see securitisation critical, as it incentivises banks to push bad loans to buyers and involves contagion risks,” External link

portugalglobal Tuesday, July 26, 2016 11:05:00 AM EAT

Fabio de Masi said : “I see securitisation critical, as it incentivises banks to push bad loans to buyers and involves contagion risks,” External link

portugalglobal Tuesday, July 26, 2016 11:05:00 AM EAT

Fabio de Masi said ( about Commission ) : “Furthermore, the Parliament must step up its scrutiny of those politically responsible for scandal after scandal. This was clearly the weak spot of the LuxLeaks investigation. We must not shy away from naming the big beasts this time,” “This would include finally pressuring the Commission and Council to consent to the Regulation on Committees of Inquiry that the two institutions have been blocking since 2012” External link

gue-ngl Tuesday, July 12, 2016 2:41:00 PM EAT

Fabio de Masi concluded : “Much like the LuxLeaks trial, this is wrong and we must fight harder against tax evasion and money laundering,” External link

gue-ngl Tuesday, July 5, 2016 8:29:00 PM EAT

Fabio de Masi said : “Our group has already requested a plenary debate over the issue of protecting whistleblowers in the upcoming Strasbourg session,” “This is a particularly harsh verdict in spite of the symbolic fines - much lower than what the prosecutors had requested. It goes entirely against common sense. Instead of investigating the wrongdoings of its own administration which has acted as a self-service restaurant for the ‘big four’ and large corporations, Luxembourg has gone after those who sought to bring the truth to light” External link

gue-ngl Wednesday, June 29, 2016 6:30:00 PM EAT

Fabio de Masi concluded : “This is a shameful day for the EU and its empty promise on tax justice,” External link

gue-ngl Wednesday, June 29, 2016 6:30:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
mep48.98%EN06/02/201702/06/2017
député européen4.08%FR02/22/201722/02/2017
vice president of the panama2.04%EN01/19/201719/01/2017
vice-president of the committee4.08%EN01/02/201702/01/2017
politician5.10%EN12/08/201608/12/2016
lawmaker28.57%EN11/11/201611/11/2016
eu lawmaker2.04%EN11/11/201611/11/2016
vice-president of pana1.02%EN10/13/201613/10/2016
member3.06%EN10/12/201612/10/2016
vice-president1.02%EN10/04/201604/10/2016
Names Lang Count
Fabio De MasiEN58.33%
Fabio de MasiEN25.83%
Fabio De MasiFR7.50%
Fabio de MasiFR6.67%
Fabio de MasiSA0.83%
Fabio de MasiPT0.83%
Fabio de MasiDE0.00%


 
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Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

AfricaBrief

Fabio de Masi

Last updated on 2017-06-09T06:05+0300.

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Quotes... Extracted quotes from

Fabio de Masi told : “South Africa must bring to justice those who make its citizens suffer. This requires swift action of the South African government to request cross border assistance on prosecuting the management of Vossloh. The visit of Chancellor Angela Merkel in February is an important opportunity to discuss those matters,” External link

dailymaverick Wednesday, January 22, 2020 5:31:00 AM EAT

Fabio de Masi told : “My possibilities to pursue the issue further in the German parliament are limited as long as the South African authorities do not act,” External link

dailymaverick Wednesday, January 22, 2020 5:31:00 AM EAT

Fabio de Masi says ( about Donald Trump ) : "Straight talk is the only language Donald Trump understands," External link

spiegel-en Friday, August 23, 2019 8:19:00 PM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

watoday Saturday, March 23, 2019 1:55:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

smh Saturday, March 23, 2019 1:40:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

brisbanetimes Saturday, March 23, 2019 1:27:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

theage Saturday, March 23, 2019 1:10:00 AM EAT

Fabio de Masi said : "The board doesn't have all their wits about them," External link

4-traders Friday, March 22, 2019 4:46:00 PM EAT

Fabio de Masi said : “You don’t get an eagle out of two sick turkeys,” External link

news-yahoo Wednesday, March 20, 2019 8:39:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

news-yahoo Tuesday, March 19, 2019 1:36:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

channelnewsasia Tuesday, March 19, 2019 1:34:00 PM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

firstpost Tuesday, March 19, 2019 3:40:00 AM EAT

Fabio de Masi added : "When 30,000 jobs are on the line, the government must avoid the impression of a conflict of interest," External link

firstpost Tuesday, March 19, 2019 1:26:00 AM EAT

Fabio de Masi kommentiert ( about Olaf Scholz ) : „Im EU-Binnenmarkt ist Steuerpolitik eine Waffe, um die Steuerzahler anderer Länder auszunehmen. Daher wäre es sinnvoll, wenn bei grenzüberschreitenden Aspekten der Unternehmensbesteuerung zukünftig mit qualifizierter Mehrheit auch gegen Steueroasen wie Malta, Zypern oder Irland entschieden werden könnte. Der Vorschlag der EU-Kommission ist jedoch unzureichend. Finanzminister Olaf Scholz taucht in dieser wichtigen europäischen Debatte weg” External link

newskitchen Tuesday, January 15, 2019 6:09:00 PM EAT

Fabio de Masi kommentiert : „Der Geldwäscheskandal um die Danske Bank offenbart die kriminelle Energie in den Vorstandsetagen. Nicht nur deutsche Banken, auch deutsche Firmen haben mitgemischt. Dabei haben Deutsche Bank und Commerzbank entweder gepennt oder das illegale Treiben aus Profitgier vorangetrieben, während Konzernkonten mit prallen 31 Millionen Euro vollgemacht wurden. Beide Banken sind ein Sicherheitsrisiko für die Steuerzahler und wurden direkt und indirekt von den Steuerzahlern in der Krise gerettet” External link

newskitchen Thursday, January 10, 2019 5:48:00 PM EAT

Fabio de Masi kommentiert : „Am 5. Januar ist Happy Fat Cat Day! An diesem Tag hat ein DAX-Vorstand durchschnittlich bereits so viel verdient wie ein normaler Beschäftigter der Firma im gesamten Jahr 2019“ External link

newskitchen Friday, January 4, 2019 4:01:00 PM EAT

Fabio de Masi kommentiert : “Dies war ein Gipfel der Schlafwandler. Die Eurozone würde den Stresstest einer neuen Finanzkrise kaum bestehen” External link

newskitchen Friday, December 14, 2018 4:42:00 PM EAT

Fabio de Masi déclaré : «Après l'affaire LuxLeaks, le nouveau gouvernement avait promis de faire un grand nettoyage. Mais le nombre d'accords fiscaux a encore augmenté depuis les révélations» External link

lessentiel-lu-fr Thursday, March 9, 2017 8:27:00 AM EAT

Fabio de Masi added ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi argued ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi argued ( about Marius Kohl ) : "Luxembourg is amongst the prime EU tax havens and also a central player in the global letterbox company business”. “The European Parliament is making a fool of itself if it doesn't re-send invites to all those key witnesses to come to Brussels after refusing to talk to our committee this time in Luxembourg”. “Figures like Mr Ruling Marius Kohl have avoided all public questioning since the LuxLeaks scandal and he even dodged his summons at the whistle-blowers’ court cases against Deltour, Halet and Perrin on dubious medical grounds,” he continued. “Back in the Duchy, the post-Juncker Luxembourg government claims the paradigm has shifted away from its dirty tax haven past. This is nothing but a fata morgana because the same government keeps blocking key transparency initiatives like public country-by-country reporting here at the Council in Brussels," External link

gue-ngl Thursday, March 2, 2017 11:16:00 PM EAT

Fabio de Masi added : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi argued : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi argued : "The Council is likely to oppose the bold but necessary reforms that we agreed upon in the Parliament. Ministers have to put their cards on the table now and make clear whether they serve the interest of tax and other criminals or the majority of the people”. “The current Maltese presidency has an abysmal track record in the fight against money laundering and tax dodging at home and is therefore under tight scrutiny”. “We will make public any attempts to water down those rules in closed-door negotiations. There should be zero tolerance against money laundering and tax dumping," External link

gue-ngl Tuesday, February 28, 2017 8:04:00 PM EAT

Fabio de Masi concluded : "With a corporate tax rate of just 5 per cent and an almost 100 per cent tax refund for shareholders, Malta has one of the most lenient corporate tax regimes in the EU, which in turn facilitates the laundering of criminal money”. “In the past, Malta has lobbied the Council against efforts for more corporate transparency and against stricter anti-money laundering rules. In a country where political elites - from conservatives to the social democrats - have featured so prominently in the Panama Papers. The Maltese government should expect tough questioning from the public on money laundering and tax dodging during the current EU Presidency," External link

gue-ngl Monday, February 20, 2017 5:45:00 PM EAT

Fabio de Masi concluded : "Weak rules will allow a few traders to control an entire market and set prices in their own interest. Almost 10 years on from the collapse of Lehman Brothers, we still continue like business as usual - sleepwalking into the next crash" External link

gue-ngl Wednesday, February 15, 2017 7:55:00 PM EAT

Fabio de Masi concluded : "Weak rules will allow a few traders to control an entire market and set prices in their own interest. Almost 10 years on from the collapse of Lehman Brothers, we still continue like business as usual - sleepwalking into the next crash" External link

gue-ngl Wednesday, February 15, 2017 7:55:00 PM EAT

Fabio de Masi argued ( about The UK ) : "Tax dodging is not a petty crime and it ravages our budgets. The UK is also undermining our work on the EU's tax haven blacklist by preventing strong criteria for screening. Its government has already announced its intention to go further down that route post-Brexit and lower tax rates to a minimum. The EU must get tough on tax havens and introduce hefty withholding taxes against non-cooperative jurisdictions as well as withdrawing the licences of banks and lawyers that continue to aid tax dodging," External link

gue-ngl Thursday, February 9, 2017 6:26:00 PM EAT

Fabio de Masi argued ( about The UK ) : "Tax dodging is not a petty crime and it ravages our budgets. The UK is also undermining our work on the EU's tax haven blacklist by preventing strong criteria for screening. Its government has already announced its intention to go further down that route post-Brexit and lower tax rates to a minimum. The EU must get tough on tax havens and introduce hefty withholding taxes against non-cooperative jurisdictions as well as withdrawing the licences of banks and lawyers that continue to aid tax dodging," External link

gue-ngl Thursday, February 9, 2017 6:26:00 PM EAT

Fabio de Masi concludes ( about Mossack Fonseca ) : "This is an important signal, but we should not forget there are still gaping loopholes in the anti-money laundering legislation. GUE/NGL has proposed comprehensive amendments to plug those loopholes, achieve real transparency of letterbox companies and deter banks and law firms like Mossack Fonseca from aiding tax crimes and money laundering through severe fines and licence withdrawal in repeated cases," External link

gue-ngl Thursday, January 19, 2017 5:43:00 PM EAT

Fabio de Masi concludes ( about Mossack Fonseca ) : "This is an important signal, but we should not forget there are still gaping loopholes in the anti-money laundering legislation. GUE/NGL has proposed comprehensive amendments to plug those loopholes, achieve real transparency of letterbox companies and deter banks and law firms like Mossack Fonseca from aiding tax crimes and money laundering through severe fines and licence withdrawal in repeated cases," External link

gue-ngl Thursday, January 19, 2017 5:43:00 PM EAT

Fabio de Masi said ( about Mark Carney ) : “I think Mark Carney has a point,” External link

politico-eu Wednesday, January 11, 2017 10:41:00 PM EAT

Fabio de Masi said : “Malta is hardly a credible broker in the Council when it comes to tax avoidance and money laundering,” External link

politico-eu Wednesday, January 11, 2017 8:25:00 PM EAT

Fabio de Masi said : “Malta is hardly a credible broker in the Council when it comes to tax avoidance and money laundering,” External link

politico-eu Wednesday, January 11, 2017 8:25:00 PM EAT

Fabio de Masi concluded : “The Commission must free itself from the dark shadow of Mr Juncker. It must help end tax competition instead of lowering real taxes for corporations through full transparency in the country-by-country reporting and a reform of the Common Consolidated Corporate Tax Base (CCCTB),” External link

gue-ngl Monday, January 2, 2017 4:21:00 PM EAT

Fabio de Masi said : "It is scandalous that banks under the control of 'IS' still have access to the international SWIFT system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said : "It is scandalous that banks under the control of 'IS' still have access to the international SWIFT system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said ( about Commission ) : "Neither the European Council, the European Commission nor the German federal government could answer the written inquiry into just how many accounts with connections to 'IS' have been shut out of the EU's banking system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi said ( about Commission ) : "Neither the European Council, the European Commission nor the German federal government could answer the written inquiry into just how many accounts with connections to 'IS' have been shut out of the EU's banking system," External link

deutschewelle-en Thursday, December 22, 2016 1:51:00 AM EAT

Fabio de Masi saying : “According to Oxfam , four of the world’s top ten tax haven are in the EU. There is enough dirty laundry to be cleaned". "Halet, Deltour and Perrin had clearly acted in the public interest. The number of dubious tax rulings has actually increased dramatically since the LuxLeaks . This shows how urgently we need more decisive action against tax dumping in the EU,” External link

gue-ngl Monday, December 12, 2016 3:27:00 PM EAT

Fabio de Masi saying : “According to Oxfam , four of the world’s top ten tax haven are in the EU. There is enough dirty laundry to be cleaned". "Halet, Deltour and Perrin had clearly acted in the public interest. The number of dubious tax rulings has actually increased dramatically since the LuxLeaks . This shows how urgently we need more decisive action against tax dumping in the EU,” External link

gue-ngl Monday, December 12, 2016 3:27:00 PM EAT

Fabio de Masi said ( about Mario Draghi ) : “The compromise reached in the trialogue weakens the Parliament’s position in fundamental ways. For instance, the sunset-clause on LVNAV (low-volatility net asset value) funds was struck down. As were stronger position limits for CNAV (constant net asset value) funds - which promise a fixed redemption value similar to a bank account - and the ban on investments in other MMFs which should have limited contagion risk,” “Even the European Systemic Risk Board (ESRB) and its chairman Mario Draghi warned of the risk that CNAV funds pose to financial stability. These funds contributed significantly to the development of the financial crisis in the US” External link

gue-ngl Thursday, December 8, 2016 5:19:00 PM EAT

Fabio de Masi said ( about Raphael Halet ) : “The story of Halet is another glaring example of the EU’s utter failure to protect those that sacrifice much in their life for the public interest,” External link

politico-eu Thursday, December 8, 2016 10:35:00 AM EAT

Fabio de Masi argued : “The European Union is planning to exempt investment into the Defence Union from the Deficit Rules. Apparently, investment into the military-industrial complex is no problem. So why not invest into housing, hospitals and education instead?” External link

gue-ngl Tuesday, December 6, 2016 11:46:00 PM EAT

Fabio de Masi argued : “The European Union is planning to exempt investment into the Defence Union from the Deficit Rules. Apparently, investment into the military-industrial complex is no problem. So why not invest into housing, hospitals and education instead?” External link

gue-ngl Tuesday, December 6, 2016 11:46:00 PM EAT

Fabio de Masi argued : "Joe Stiglitz basically confirmed all the elements of a fairer tax system that we have long called for: starting with zero tolerance for secrecy through comprehensive and public registers for the beneficial owners of companies and trusts, as well as a fully-fledged country by country reporting. “When battling money-laundering and tax crime, we need a strong focus on the enforcement of rules: from penalties such as licence withdrawal for banks and law firms to source taxes and restrictions on financial market access for jurisdictions that refuse to reform”. “This has to include sub-federal entities like Delaware and Nevada in the US - as Stiglitz has explicitly confirmed,” said De Masi. “Furthermore, there needs to be a global end to tax competition as amply demonstrated by ICRICT. The setting of tax rates has become a race to the bottom and leaves the other 99 per cent to bear the brunt. “As long as multiple EU member states continue to oppose closer co-operation, we’d need unilateral protective action via source taxes on profit transfers. “Without tax justice, there is no end to this disastrous austerity regime in the EU. Without an end to austerity, there is no future for the EU," External link

gue-ngl Wednesday, November 16, 2016 4:51:00 PM EAT

Fabio de Masi argued : "Joe Stiglitz basically confirmed all the elements of a fairer tax system that we have long called for: starting with zero tolerance for secrecy through comprehensive and public registers for the beneficial owners of companies and trusts, as well as a fully-fledged country by country reporting. “When battling money-laundering and tax crime, we need a strong focus on the enforcement of rules: from penalties such as licence withdrawal for banks and law firms to source taxes and restrictions on financial market access for jurisdictions that refuse to reform”. “This has to include sub-federal entities like Delaware and Nevada in the US - as Stiglitz has explicitly confirmed,” said De Masi. “Furthermore, there needs to be a global end to tax competition as amply demonstrated by ICRICT. The setting of tax rates has become a race to the bottom and leaves the other 99 per cent to bear the brunt. “As long as multiple EU member states continue to oppose closer co-operation, we’d need unilateral protective action via source taxes on profit transfers. “Without tax justice, there is no end to this disastrous austerity regime in the EU. Without an end to austerity, there is no future for the EU," External link

gue-ngl Wednesday, November 16, 2016 4:51:00 PM EAT

Fabio de Masi concluded : “Lastly, a blacklist only makes sense if it is accompanied by sanctions. For financial flows in and out of tax havens, double tax agreements have to be terminated and penalty taxes have to be imposed. Banks active in offshore jurisdictions must therefore lose their licenses in the EU,” External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi concluded : “Lastly, a blacklist only makes sense if it is accompanied by sanctions. For financial flows in and out of tax havens, double tax agreements have to be terminated and penalty taxes have to be imposed. Banks active in offshore jurisdictions must therefore lose their licenses in the EU,” External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said : “I expect action on behalf of Mr. Juncker who has to ask Mr. Oettinger to resign,” External link

politico-eu Tuesday, November 1, 2016 9:27:00 AM EAT

Fabio de Masi said ( about Commission ) : "The rules governing which enterprises belong to the same company are defined too narrowly and, on top of that, tax havens outside of the EU are excluded from the Commission's proposal," External link

gue-ngl Wednesday, October 26, 2016 5:38:00 PM EAT

Fabio de Masi asked : “States like Delaware and Nevada have such lenient tax laws that they are effectively tax havens, so perhaps it’s time we revisit and adjust the blacklist to include sub-federal level jurisdictions?” External link

gue-ngl Thursday, October 13, 2016 6:31:00 PM EAT

Fabio de Masi asked : “States like Delaware and Nevada have such lenient tax laws that they are effectively tax havens, so perhaps it’s time we revisit and adjust the blacklist to include sub-federal level jurisdictions?” External link

gue-ngl Thursday, October 13, 2016 6:31:00 PM EAT

Fabio de Masi added ( about Jose Manuel Durao Barroso ) : "Barroso walks through the revolving-door into Goldman Sachs whilst EU citizens are living through the financial crisis and austerity policies. The EU’s cosy love affair with big money means the transparency rules and the code of conduct are insufficient. “ “We need a cooling-off period of at least three years, a legislatively binding transparency register and tough sanctions against the breach of the code of conduct," External link

gue-ngl Wednesday, October 12, 2016 1:01:00 PM EAT

Fabio de Masi said ( about Commission ) : “We need a strict cooling-off phase. The lobby register must be legally binding and the Commission's expert groups must be transparent and well-balanced,” External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi said ( about Commission ) : “We need a strict cooling-off phase. The lobby register must be legally binding and the Commission's expert groups must be transparent and well-balanced,” External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi argued : "American President F.D. Roosevelt once said, ‘ We know now that government by organised money is just as dangerous as government by organised mob’”. “Too often the European Commission is just another name for European corruption . Kroes, Juncker, Barroso.... enough is enough. Commissioners must serve the people and not big businesses or their own financial interests," External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi argued : "American President F.D. Roosevelt once said, ‘ We know now that government by organised money is just as dangerous as government by organised mob’”. “Too often the European Commission is just another name for European corruption . Kroes, Juncker, Barroso.... enough is enough. Commissioners must serve the people and not big businesses or their own financial interests," External link

gue-ngl Tuesday, October 4, 2016 8:49:00 PM EAT

Fabio de Masi added ( about Commission ) : “The European Commission (EC) too often means European Corruption. It is this European Union of big business and ruthless theft of Brussels oligarchs which people disdain. The very same politicians that preach to our people to cut back on wages, pensions and public services join shady criminals in the trillion euro industry of tax dodging, money laundering and corruption,” External link

gue-ngl Thursday, September 22, 2016 12:35:00 PM EAT

Fabio de Masi concluded : "Pension benefits and similar privileges for Ms Kroes have to be removed immediately. The European Commission must now legislate tough cool-off periods for former EU officials to prevent revolving doors, tighten penalties for breaches of the code of conduct and close loopholes in the Anti-Money Laundering Directive," External link

gue-ngl Thursday, September 22, 2016 12:35:00 PM EAT

Fabio de Masi said : “But more to the point, the EU state aid rules are too complicated with around 20 EU officials in charge. We need proper transparency and we must start taxing company profits when they operate in the EU - not where Apple and such like have their mailboxes,” External link

gue-ngl Wednesday, September 14, 2016 8:41:00 PM EAT

Fabio de Masi said : “I see securitisation critical, as it incentivises banks to push bad loans to buyers and involves contagion risks,” External link

portugalglobal Tuesday, July 26, 2016 11:05:00 AM EAT

Fabio de Masi said : “I see securitisation critical, as it incentivises banks to push bad loans to buyers and involves contagion risks,” External link

portugalglobal Tuesday, July 26, 2016 11:05:00 AM EAT

Fabio de Masi said ( about Commission ) : “Furthermore, the Parliament must step up its scrutiny of those politically responsible for scandal after scandal. This was clearly the weak spot of the LuxLeaks investigation. We must not shy away from naming the big beasts this time,” “This would include finally pressuring the Commission and Council to consent to the Regulation on Committees of Inquiry that the two institutions have been blocking since 2012” External link

gue-ngl Tuesday, July 12, 2016 2:41:00 PM EAT

Fabio de Masi concluded : “Much like the LuxLeaks trial, this is wrong and we must fight harder against tax evasion and money laundering,” External link

gue-ngl Tuesday, July 5, 2016 8:29:00 PM EAT

Fabio de Masi said : “Our group has already requested a plenary debate over the issue of protecting whistleblowers in the upcoming Strasbourg session,” “This is a particularly harsh verdict in spite of the symbolic fines - much lower than what the prosecutors had requested. It goes entirely against common sense. Instead of investigating the wrongdoings of its own administration which has acted as a self-service restaurant for the ‘big four’ and large corporations, Luxembourg has gone after those who sought to bring the truth to light” External link

gue-ngl Wednesday, June 29, 2016 6:30:00 PM EAT

Fabio de Masi concluded : “This is a shameful day for the EU and its empty promise on tax justice,” External link

gue-ngl Wednesday, June 29, 2016 6:30:00 PM EAT



Key Titles and Phrases Count Lang Last Seen
mep48.98%EN06/02/201702/06/2017
député européen4.08%FR02/22/201722/02/2017
vice president of the panama2.04%EN01/19/201719/01/2017
vice-president of the committee4.08%EN01/02/201702/01/2017
politician5.10%EN12/08/201608/12/2016
lawmaker28.57%EN11/11/201611/11/2016
eu lawmaker2.04%EN11/11/201611/11/2016
vice-president of pana1.02%EN10/13/201613/10/2016
member3.06%EN10/12/201612/10/2016
vice-president1.02%EN10/04/201604/10/2016
Names Lang Count
Fabio De MasiEN58.33%
Fabio de MasiEN25.83%
Fabio De MasiFR7.50%
Fabio de MasiFR6.67%
Fabio de MasiSA0.83%
Fabio de MasiPT0.83%
Fabio de MasiDE0.00%


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Thursday, June 4, 2020

6:01:00 PM EAT


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Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT

Fabio de Masi said ( about Fabio de Masi ) : "Companies are one unit no matter how many letterboxes they have. It is therefore sensible to evaluate their profits on an EU level and to divide them according to a company's economic activity”. “The CCCTB proposal, however, threatens to decrease the tax base even further and to intensify tax competition. The litmus test will therefore be whether the effective taxation of corporations will decrease or increase under the CCCTB,” he argued. “The rules governing which companies belong to the same enterprise are defined too narrowly. It is, for example, possible for a company to claim 74 per cent of another firm’s profit without this firm being counted as being part of the same enterprise”. “The implementation of sensible national defence mechanisms such as source taxes are also impeded. The blind spots of the anti-tax avoidance directive - such as artificial licensing fees - will be tightened. But due to the uncertain consolidation of the tax, companies are granted offsetting on losses without the apportionment of profits,” said the German MEP. On the drawing up of a blacklist of tax havens, De Masi said it was in danger of becoming a free-for-all: “Diplomatic horse-trading is turning the plans for a blacklist of tax havens into something of a farce”. “It is grotesque that some EU member states regard the zero tax criterion as being too strict. Even the Bahamas are going to be exempt from this!" External link

gue-ngl Tuesday, November 8, 2016 6:33:00 PM EAT