On Monday night the European Parliament voted to give large multinationals a “get-out clause” on tax transparency. For the last few years tax has been one of the main topics on the EU’s political agenda. After a series of scandals, which...
Today, Transparency International EU welcomes the European Parliament’s support for global tax transparency and efforts to put an end to the secrecy surrounding multinational companies’ activities, structures and tax payments. However, an...
This recipe shows some of the tricks and tools that people and corporations can use to hide assets and avoid tax. While the methods differ between places and people, company and individual these are some of the most common ways that are used to hide...
Currently, one of the hottest and most politicised files debated in the EU bubble is on tax transparency. Tax scandal after scandal, the numerous leaks by investigative journalists and the ever-growing calls by civil society and European citizens...
Not that long ago the word “tax” for most people would mean something rather boring and technical, for only accountants and lawyers to deal with. This has changed dramatically in recent years. Scandal after scandal, starting with Offshore Leaks...
We thought we’d take a look at the arguments against transparency being made by Business Europe by taking a look at their paper published last July and address some of their main concerns.
Recently, former European Commissioner Neelie Kroes wrote on the recent Apple-tax case that: “state aid is not a cure for all ills”. While the airwaves have been full of debates on the rights and wrongs of the ruling, Kroes has hit the nail on...
What do BNP Paribas and Tata Motors have in common? They both disclose their basic financial information for each country they are active in. This means that the public can see where they operate, where they make profits as well as where and what...
he vast majority of the world’s biggest emerging market companies have failed when it comes to transparency, creating an environment for corruption to thrive in their businesses and in the places they operate. A new report from Transparency...