June 7th, 2021
Earlier this year, those of us advocating for increased financial transparency and an end to tax-dodging by multinational corporations were excited about the European Union potentially implementing some of the most progressive, pro-transparency regulations the world had ever seen. Beginning in 2016, the European Commission launched a draft directive to implement strong, uncompromising country-by-country reporting
Continue Reading
May 6th, 2021
On April 27, the FTC hosted a high-level panel to discuss our new Covid Bailout Tracker, which revealed a set of staggering findings regarding governmental funding responses to the pandemic. The panel discussion, which can be viewed in its entirety here (and below), touched on a range of topics, from global minimum corporate taxes to
Continue Reading
June 12th, 2017
PRESS RELEASE FOR IMMEDIATE RELEASE Today, members of the European Parliament (MEPs) voted to support a ramp up of efforts to clamp down on tax abuse by shedding light on the activities of multinational corporations around the globe. But a last minute compromise amendment raises questions about the ultimate effectiveness of the entire tax transparency
Continue Reading
May 5th, 2017
The OECD has just made available the list of activated relationships to automatically exchange country-by-country reports between countries. They use big figures like 700 relationships, but don’t get fooled by those numbers – simply look at the image below to see who really has access to CbCR. Oh, by the way, there’s nothing wrong with
Continue Reading