Charities welcome EU move on enhanced tax transparency
Updated / Thursday, 25 Feb 2021
17:32
Member states, the European Parliament and the Commission will now have to agree on a compromise text in negotiations
Business Journalist
Campaigners for reform of corporate tax rules, including a number of charities, have welcomed moves by the EU to force multinationals to reveal how much tax they pay in each member state.
The move towards country-by-country reporting - which came after five years of deadlock - had been opposed by a number of member states, including Ireland.
Member states, the European Parliament and the Commission will now have to agree on a compromise text in negotiations.
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