Negotiations in the European Parliament on public country-by-country reporting, by proposal of the Commission, are expected to be extremely tough, with a further meeting of the shadow rapporteurs scheduled for 10 May. The stumbling blocks continue to be the scope of application of the directive, set by the Commission at €750 million turnover, and reporting to the tax administrations of the OECD.
S&D members and co-rapporteurs Evelyn Regner of Austria and Belgium's Hugues Bayet reduced this...