Financial Transparency Coalition

Two great editorials today. The first, from the New York Times, responds to last week's Senate hearing over Apple's tax abuses by calling for country-by-country reporting, a Coalition policy goal, and ending corporate tax deferral in the United States. This is great news, and will hopefully help persuade U.S. policy measures to address the worst problems in their corporate tax code. The second, from the Financial Times, also calls for country-by-country reporting at the EU level. Furthermore, it calls for another Coalition policy goal, automatic exchange of tax information.