Large firms with worldwide turnover of €750 million or more must make information about the tax they pay in each country in the world publicly available, say MEPs after a debate and vote in plenary, Tuesday.
They backed a proposal requiring multinationals to report their tax bills on a country-by-country basis – with possible exemptions in the case of commercially-sensitive information. The aim of the measure is to increase tax transparency by providing the public with a picture of the taxes paid by multinationals, and where those taxes are paid. 
Press release

Informatiesoort: Nieuws

Rubriek: Europees belastingrecht

H&I: Previews


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