Peer pressure will underpin a new European Commission proposal to make big companies pay their fair share of tax and prevent governments from cheating others out of taxable revenue streams.
The Brussels-executive on Wednesday (18 March) told reporters that requiring member states to be more transparent in their tax rulings would create a “virtuous circle” between states and companies.
“Better transparency will lead to greater scrutiny,” said EU commissioner for taxation Pierre Mos...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? Login