After a vote on Monday (12 June) by MEPs, European multinationals will be obliged publish details of their activities in every country where they operate. But a number of exemptions could weaken the tax transparency system. EURACTIV France reports.
Donald Trump's plans to slash corporate taxes in the United States have sparked concerns of a new global fiscal race to the bottom, possibly involving a wave of negative social consequences, experts say.
The 20 biggest banks in the eurozone booked over a quarter of their 2015 profits in tax havens, with Luxembourg and Ireland the favourite destinations, a report by Oxfam said on Monday (27 March). EURACTIV France reports.
Luxembourg has lodged an appeal against the verdicts handed down to three LuxLeaks whistleblowers who exposed the small duchy's huge tax breaks for giant multinationals, the justice department said Tuesday (2 August).