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For rich countries only: A global map of multinationals’ tax avoidance
December 9th, 2016
The introduction of a key policy tool against multinational companies’ tax avoidance has been handled so badly that developing countries are now exposed to worse inequalities. In a new report, we call for immediate changes to limit the damage done. In 2003, the Tax Justice Network outlined an important new policy for transparency of multinational
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Piecemeal transparency will not do
April 6th, 2016
The story of financial secrecy is finally trending. The latest leak, known as the Panama Papers, were published on Sunday and have given us a rare glimpse into the offshore financial system that’s so heavily shrouded in secrecy. But for months a different debate around financial transparency has been brewing in the European Union.
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European Commission’s public CBCR proposal leaked to press
March 30th, 2016
Last week, a draft of the European Commission’s proposal to address country-by-country reporting (CBCR) was leaked to the press. The official proposal, scheduled to be released publicly on April 12th, marks the first time the European Commission has come together collectively in support of public CBCR, and was considered a major breakthrough by tax justice
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ECOFIN agreement a missed chance, campaigners say
March 8th, 2016
PRESS RELEASE EU governments need to make tax more transparent, further opportunity looms ahead for lawmakers BRUSSELS—The Economic and Financial Affairs Council (ECOFIN), has agreed today on a proposal for corporate financial reporting, but despite increased pressure from European advocacy groups and policy-makers, the agreement would still keep country-by-country reports about the activities of multinationals
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