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Europe Daily Bulletin No. 11528

9 April 2016
ECONOMY - FINANCE / (ae) taxation
Tax havens specifically targeted in country-by-country tax transparency

Brussels, 08/04/2016 (Agence Europe) - The European Commission has decided to toughen its proposed public country-by-country reporting specifically in order to target tax havens, following the Panama Papers scandal which shed light on the scale of the phenomenon of hiding tax assets via offshore finance.

Readers may recall that the initial draft proposal (see EUROPE 11510) provided for companies with European activities and a consolidated turnover of at least €750 million to publish...

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