EU commission wants tax haven blacklist

The European Commission wants to draw up a blacklist of tax havens in its efforts to crack down on corporate tax evasion.

The plan is part of a larger legislative proposal presented on Tuesday (12 April) to require some 6,000 big firms operating in the EU to publish tax-related information on their websites.

EU financial services commissioner Jonathan Hill said the proposed directive is needed to make companies more accountable and to create a "fairer competition between companies...