About: multinationals
Can President Biden deliver on global tax reform?
On global tax reform, the key question is whether US President Joe Biden will be able to persuade Congress to support the changes needed to implement a global plan to tax multinationals more fairly, writes Dick Roche.
France pushes for 25% target for taxing multinationals’ super-profits
Countries should be able to tax a quarter of big multinationals' profits no matter where they are earned, France proposed on Saturday (10 July) at a G20 finance ministers meeting focused on overhauling the rules for cross-border corporate taxation.
Anti-poverty groups criticise rich countries over G7 tax deal
Anti-poverty campaigners on Monday (7 June) criticised a deal reached by seven wealthy countries to impose a minimum tax on multinational companies, saying it would benefit rich nations at the expense of the poor.
EU reaches deal on tax transparency for multinational firms
European Union government and parliament negotiators reached a deal on rules that will force large multinational companies to disclose how much revenue and tax they pay and how much in countries considered tax havens by the EU.
France’s ‘Rana Plaza’ law delivers few results
France wants to be at the forefront of efforts to regulate multinationals’ responsibility towards workers in developing countries, but is having difficulty enforcing its own law on duty of care, according to a report published on 21 February. EURACTIV France reports.
Micro-regulating trading practices between food multinationals and retail will end up in consumers paying
As the European elections and the change of Commission loom next year, the Commission is in a hurry to get its last proposals out and parliamentarians are keen to complete their scrutiny before the campaign trail beckons, writes Christian Verschueren.
Transnational company agreements – another form of social dialogue in Europe
Transnational company agreements, made within European multinationals have helped to Europeanise industrial relations. Although the European Commission views such agreements as an innovative tool for cooperation, it has yet to define a legal framework for them. EURACTIV.fr reports.
MEPs pass new rules to tackle multinationals’ tax avoidance
The European Parliament on Tuesday (4 July) voted to oblige multinationals to publish details of their activities on a country-by-country basis, even outside the EU. The measure is designed to help the poorest countries fight tax evasion. EURACTIV France reports.
Cake and taxes
The European Parliament has the opportunity on Monday (12 June) to vote for real public country-by-country tax reporting. Anything short of real transparency will allow large companies to keep hiding crucial information and avoiding their fair share of taxes, writes Elena Gaita.
France leads EU on duty of care requirements for multinationals
After four years of debate, France has finally adopted a law on multinational companies’ duty of care. This paves the way for similar laws in Belgium and Spain, although the project is stalled at European level. EURACTIV France reports.
Austrian chancellor launches bid to win back voters from far right
Austrian centre-left Chancellor Christian Kern yesterday (11 January) launched a bid to win back voters from the far-right Freedom Party (FPÖ), presenting a 10-year plan focused on creating jobs, boosting public investment and taxing multinationals. VideoPromoted content
Three key measures to fight tax evasion by multinationals
One trillion euro is taken from the hands of citizens each year as a result of tax avoidance. A large sum of money that won’t be invested in social security, education, job development or security.
LuxLeaks whistleblowers go on trial
Three people go on trial in Luxembourg today (26 April) over the so-called LuxLeaks scandal that exposed the country's huge tax breaks for major international companies, with the issue riding high after the recent Panama Papers revelations.
Remember the fifth of November: Gunpowder, treason and tax?
This 5 November will not just be the anniversary of an attempt to destroy the Houses of Parliament, but also the anniversary of Luxleaks, write Elena Gaita and Alex Johnson.
Letter: Juncker warned about Luxembourg tax deals in 1997
European Commission chief Jean-Claude Juncker was alerted in 1997 about the risks of tax breaks his then-government in Luxembourg granted multinationals, according to a document obtained by AFP on Thursday (1 October).
Luxleaks should mean an end to corporate secrecy
The Luxleaks scandal has exposed the methods used by many multinationals to avoid or minimise their tax payments. The time is right for the EU to end corporate secrecy through a public register of beneficial owners of companies, writes Christian Hallum.