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Europe Daily Bulletin No. 12666

26 February 2021
ECONOMY - FINANCE / Taxation
After 5 years of deadlock, white smoke on country-by-country reporting in EU Council
Brussels, 25/02/2021 (Agence Europe)

It is a historic day for tax transparency. After 5 years of deadlock, a clear qualified majority was reached at the meeting of EU Competitiveness Ministers on Thursday 25 February on the proposal for ‘public country-by-country reporting’ (CBCR), which would oblige companies to make public certain accounting data, such as their turnover or taxes paid (see EUROPE B12653A2).

In a press conference following the meeting, the Portuguese Minister of Economy, Pedro Siza Vieira, confirmed...

Contents

EUROPEAN COUNCIL
EU RESPONSE TO COVID-19
ECONOMY - FINANCE
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL
COURT OF JUSTICE OF THE EU
NEWS BRIEFS