After national capitals blocked a deal to force multinationals to publish the income tax they pay in the EU last month, businesses representatives argued that corporate tax should not be the sole tax transparency target during an event at EURACTIV.
After three years of blocking negotiations, the European Council finally voted on whether to secure fiscal transparency in the EU. True to form, they voted against it, writes Luis Garicano.
The European Commission unveiled a whole series of country-by-country recommendations on Wednesday (5 June), including guidance on how to improve transport links and boost sustainability through shrewd investments.
The 20 biggest banks in the eurozone booked over a quarter of their 2015 profits in tax havens, with Luxembourg and Ireland the favourite destinations, a report by Oxfam said on Monday (27 March).
President Jean-Claude Juncker presented five scenarios for the future of Europe. But there is a sixth option, which is better than those sketched out in the White Paper, reveals Karl Aiginger.