Member states show a mixed record when it comes to reporting irregularities in how EU funds for agriculture and regional policy are being spent. While Italy has been "overzealous" in its reporting, others hardly report any fraud at all, according to a new EU report. EURACTIV France reports.
EU finance ministers meeting today (20 June) have closed loophole exploited by multinationals to pay little or no tax worth billions of euros, after Malta dropped its objections to a compromise deal on hybrid loan arrangements.
The European Commission has told Ireland it may investigate more companies as part of a probe into the country's tax practices, after announcing a formal probe into Apple's Irish subsidiaries, a person familiar with the matter said on Friday (20 June).
Eurostat has published its annual report on taxation trends in 2012, a year that saw tax burdens increase across the European Union. Brussels has warned member states against high taxation, especially on labour. EURACTIV France reports.
Malta is the only member state stopping a tax loophole costing billions of euros being closed, after Sweden dropped its opposition to a EU finance ministers' agreement to stop multinational companies exploiting hybrid loan arrangements to pay little or no tax.
There should no specific tax regime for online companies, experts Wednesday (28 May) told the European Commission, dealing a blow to supporters of an EU-wide “Google Tax,” targeted at the digital sector.