EU to make big firms come clean on tax

Plans to force the largest companies to disclose more about their tax affairs will be unveiled by the European Union on Tuesday.
The rules will affect multinational firms with more than €750m in sales.
They will have to detail how much tax they pay in which EU countries as well as any activities carried out in specific tax havens.
The plans come amid heightened scrutiny of the use of tax havens following the Panama Papers revelations.Read More…

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