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Moscovici: 'Tolerance has reached rock-bottom for companies that avoid paying their fair share of taxes' (Photo: Alan Cleaver)

EU proposes new tax transparency rules

Peer pressure will underpin a new European Commission proposal to make big companies pay their fair share of tax and prevent governments from cheating others out of taxable revenue streams.

The Brussels-executive on Wednesday (18 March) told reporters that requiring member states to be more transparent in their tax rulings would create a “virtuous circle” between states and companies.

“Better transparency will lead to greater scrutiny,” said EU commissioner for taxation Pierre Mos...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Moscovici: 'Tolerance has reached rock-bottom for companies that avoid paying their fair share of taxes' (Photo: Alan Cleaver)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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