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DG TAXUD

Promoting Fair, Transparent, and Efficient Taxation Across Europe
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Overview

The Directorate-General for Taxation and Customs Union (DG TAXUD) is a department of the European Commission responsible for developing and implementing the European Union’s tax and customs policies.
Its mission is to ensure that taxation systems across Member States are fair, transparent, efficient, and resistant to fraud or abuse while customs authorities protect the EU’s external borders and enable smooth trade.

Neo Finance supports DG TAXUD’s objectives through strict compliance with European tax regulations and by contributing to initiatives that strengthen fiscal integrity, cross-border cooperation, and sustainable economic growth throughout the Union.

DG TAXUD’s Mission

DG TAXUD plays a central role in shaping the EU’s economic and fiscal landscape. Its main responsibilities include:

  • Supporting transparency and exchange of information between tax authorities to close loopholes exploited for illicit financial flows.
  • Combating tax evasion and aggressive tax avoidance, including through the Anti-Tax Avoidance Directive (ATAD).
  • Coordinating customs cooperation among Member States to protect the internal market and external borders.
  • Facilitating digital transformation of tax and customs systems to reduce fraud and administrative burden.
  • Developing common EU tax policies that promote growth, fairness, and simplicity.

Through these policies, DG TAXUD fosters a single, well-functioning EU market where legitimate trade and taxation support a competitive and responsible economy.

Neo Finance’s Cooperation with DG TAXUD

As a regulated financial institution operating across the European Union, Neo Finance ensures full alignment with DG TAXUD’s tax transparency and anti-fraud standards.
Our cooperation focuses on compliance, information sharing, and innovation.

1. Ensuring Fiscal Transparency
Neo Finance maintains precise reporting and documentation in accordance with EU and national tax laws. We actively participate in initiatives designed to increase transparency in financial reporting, including compliance with the Directive on Administrative Cooperation (DAC 6) and automatic exchange-of-information frameworks.
2. Preventing Tax Fraud and Evasion
Our systems are designed to detect patterns that may indicate VAT carousel fraud, false invoicing, or cross-border tax manipulation.
When such risks are identified, Neo Finance cooperates with competent authorities — including national tax administrations and DG TAXUD-led networks — to help ensure that illicit activities are identified and prevented.
3. Supporting Modern Digital Tax Systems
Neo Finance contributes to the EU’s transition to digitalized tax reporting and real-time transaction monitoring.
By integrating our platforms with secure EU-standard APIs and adopting e-invoicing and e-reporting solutions, we help improve efficiency, reduce human error, and ensure compliance with the Union’s evolving digital-finance framework.
4. Sharing Expertise and Data Insights
Our Compliance and Tax teams engage with DG TAXUD initiatives that promote information exchange among financial institutions.
We provide anonymized, GDPR-compliant data insights that help identify trends in cross-border taxation risks and financial-crime typologies, supporting proactive policy development.
5. Education and Awareness
Internally, Neo Finance trains its teams on EU tax law updates, including directives and guidelines issued by DG TAXUD.
This continuous learning ensures that all operations remain compliant, transparent, and aligned with best-practice standards in European fiscal governance.

Why This Cooperation Matters

The partnership between Neo Finance and DG TAXUD strengthens Europe’s ability to maintain a fair, efficient, and transparent tax system.

 

ObjectiveImpact
Promote fair taxationEqual treatment of businesses and citizens across Member States
Combat tax evasionProtects EU and national revenues from loss
Enhance cross-border cooperationImproves transparency and enforcement between jurisdictions
Support digital transformationCreates a modern, efficient, and fraud-resistant tax environment

By aligning our practices with DG TAXUD’s goals, Neo Finance helps foster public trust, fiscal responsibility, and sustainable growth throughout the European Union.

A Shared Vision for Fiscal Integrity

Neo Finance and DG TAXUD share a vision of a Europe where tax systems are transparent, efficient, and equitable.
Through innovation, compliance, and collaboration, we aim to:

  • Uphold the principles of fair competition and responsible taxation.
  • Ensure that financial services support — not undermine — public finances.
  • Build a resilient financial system that benefits both citizens and the public sector.

Together, we contribute to a more secure, cooperative, and transparent European economy.