The European Commission has published a proposal to require large multinational enterprises to disclose publicly the income tax they pay within the European Union, on a country by country basis. This proposal is in addition to the requirement to report information to tax authorities. In response to public pressure, following the recent release of the Panama papers, stricter public disclosure rules are to apply to tax havens.
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The European Commission has published a proposal to require large multinational enterprises to disclose publicly the income tax they pay within the European Union, on a country by country basis. This proposal is in addition to the requirement to report information to tax authorities. In response to public pressure, following the recent release of the Panama papers, stricter public disclosure rules are to apply to tax havens.
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes: