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EU ministers face a race against time to decide on whether to work with a new UN authority on international tax policy. But France and Germany have been leading European opposition to the new tax body.
US, EU and UK expected to reject motion by African countries frustrated at OECD efforts to reform international taxation
The scope of the 2021 corporate tax transparency directive is a major point of contention between the EU Commission, which wants to maintain what has already been agreed, and MEPs, who are calling for member states to go further.
While the European Parliament was demanding a clamp down on tax havens, many of its own MEPs were using their monthly office allowances to finance a luxury pension scheme that held corporate assets in the Cayman Islands, Bermuda and elsewhere.
Tax campaigners said a recent Court of Justice of the European Union decision may have weakened EU/OECD anti-money laundering efforts, but the battle over the right to freely access information on ben...