About: Tove Maria Ryding

EU shuts down Belgium tax breaks for multinationals

The European Union on Monday (11 January) closed a major tax break that Belgium offered to multinationals, reportedly including beer giant AB InBev and British American Tobacco, and ordered the companies to return €700 million euros in unpaid taxes.

EU finance ministers approve new tax transparency rules

EU finance ministers approved the automatic sharing of information on tax rulings between member states on 6 October, in a bid to cut tax competition. EURACTIV France reports. 

Luxleaks committee to be extended until October

The special committee leading the European Parliament’s inquiry into tax rulings has upped the pressure on businesses and European governments. The inquiry will be extended until October. EURACTIV France reports.