Press release - Delay is over: Work begins to shine spotlight on where companies pay their taxes

Evelyn Regner said:

Metadata
Provider: 
ECEC
URL: 
https://www.europarl.europa.eu/news/en/press-room/20210301IPR98959/https://www.europarl.europa.eu/news/en/press-room/20210301IPR98959/
Retrieved on: 
Friday, March 5, 2021
Information
Tags: 
International taxation, Evelyn Regner, Tax, Tax avoidance, Corporate tax avoidance, World economy, Offshore magic circle, Economy
Summary
Key Points: 
  • Evelyn Regner said:

    This is a breakthrough for tax fairness in the EU.

  • Public country-by-country reporting will oblige multinational companies to be financially transparent about where they make profits and where they pay taxes.
  • This will provide the public and tax authorities with more visibility on what taxes are being paid where.
  • On 24 October 2019, MEPs passed a strong resolution urgently calling on the member states to break the deadlock and enter inter-institutional negotiations.
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