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European governments are leading a race to the bottom which will see average global corporate tax rates hit zero by 2052, according to new findings released today [December 4]. An analysis of the EU and Norway shows 12 governments have either just cut ...
Reacting to today’s European Commission decision to hit Amazon with a bill of €250 million in unpaid taxes in Luxembourg, Eurodad, the European Network for Debt and Development, welcomed the move but called for action to fix the system. “The ...
The European Parliament voted today to strengthen rules on tax transparency for multinational corporations, but included a significant loophole which could undermine the efforts to stop multinational corporations from hiding profits in tax havens. While ...
Brussels, June 12 2017. This evening [Monday June 12], two committees of the European Parliament voted on new tax transparency requirements for multinational corporations. While the outcome would strengthen the text proposed by the European Commission, ...

Disappointment as European Commission fails to address tax dodging

New Corporate Tax Package opens up new opportunities for corporate tax speculation and lower tax payments Wednesday June 17 2015 Eurodad today expressed disappointment at the European Commission’s new corporate tax package which failed to take tough decisions that will help bring an end to tax dodging.   The package, announced by Commissioner Moscovici, fails to take the logical step of consolidating the profits of transnational companies across European countries, postponing ...

Upcoming EU presidency faces whistleblows and calls for transparency

On the same day that MEPs voted for greater tax transparency, upcoming EU presidency, Luxembourg, faced demonstration at Embassy for prosecuting ‘Luxleaks’ whistleblower and journalist. Thursday May 7 Campaigners from across the world came together outside the Embassy of Luxembourg in Copenhagen today (Thursday May 7) and blew the whistle on corporate secrecy and prosecutions of whistleblowers and a journalist. The ‘Luxembourg Leaks’ scandal revealed how secrecy undermines corporate tax ...

Getting the EU response to the tax dodging scandal right

Christian Hallum

27 Mar 2015 14:44:34

A little over a week ago, the European Commission presented its “Tax Transparency Package”. Looking ahead, much still needs to be done to address Europe’s role in supporting an unjust global tax system. This blog looks at some of the lessons of the past and recommendations for the EU in the year ahead in terms of achieving tax justice. For many, the secret world of tax rulings for transnational corporations only became obvious in November 2014, when the International Consortium of Investigative Journalists (ICIJ) leaked more than 500 rulings from Luxembourg. The rulings showed that multinational companies – many of them household brand names – had received extremely favourable tax deals that had reduced their tax rates to next to nothing.  A law professor described these tax ...

European Commission’s Tax Transparency Package keeps tax deals secret

Campaigners disappointed with unambitious package but European Commission has second chance to deliver in June Wednesday 18th March 2015 The European Commission’s new measures to combat secret tax deals made between multinational companies and governments cannot be called tax transparency, as they fail to give citizens access to any information. The Tax Transparency Package, published today in response to the Luxembourg Leaks scandal, makes some improvements to the information that tax administrations ...