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EU calls for corporate tax transparency

Jaclyn Jaeger | April 13, 2016

The European Commission is seeking greater corporate tax transparency by introducing public reporting requirements for the largest companies operating in the European Union.

The EU’s fight against corporate tax avoidance began long before the revelation of the Panama Papers, which thrust into the spotlight once-hidden connections to the shadowy world of shell companies, offshore tax shelters, and secret trusts. “The recent press investigations, known as the Panama Papers, confirm once again the importance of this agenda,” the European Commission said.

The ...

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