CLEAN : One year after Panama Papers scandal reforms still blocked

CLEAN : One year after Panama Papers scandal reforms still blocked

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges faced by the European Union in addressing tax evasion and fraud. It highlights the blockage of the EU's tax haven blacklist by countries like Ireland, Luxembourg, and the UK, as well as the stalled 5th Anti-Money Laundering Directive. The video also covers the financial impact of tax evasion, costing the EU 1,000 billion euros annually, with France losing 60 to 80 billion euros each year. The issue is framed as a matter of national sovereignty.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which countries are blocking the European blacklist of tax havens?

Portugal and Greece

Germany and France

Ireland and Luxembourg

Spain and Italy

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the proposed solution to unify the corporate tax base in the EU?

Establish a common corporate tax base

Increase VAT rates

Reduce income tax rates

Introduce a digital tax

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does tax fraud and evasion cost the EU annually?

250 billion euros

750 billion euros

1 trillion euros

500 billion euros

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the estimated annual cost of tax evasion for France?

40 to 60 billion euros

100 to 120 billion euros

60 to 80 billion euros

20 to 40 billion euros

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is tax evasion considered a sovereignty issue for France?

It surpasses income tax revenue

It leads to inflation

It causes unemployment

It affects international relations