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European Parliament sets the stage for Europe to embrace more corporate fiscal transparency
July 8th, 2015
PRESS RELEASE Amid public outcry on tax dodging, European Parliament responds with measured proposal to level the playing field BRUSSELS — Today, the European Parliament voted in favour of a measure to increase shareholders’ rights that includes a requirement for multinational corporations (MNCs) to publicly report financial information on a country-by-country basis. “Today’s vote in
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#StopTaxDodging Campaign: Putting an end to unfair tax policies
June 11th, 2015
STOP Tax Dodging – campaigning across Europe From Ireland to Italy and from Slovenia to Spain we have the same message: ‘STOP Tax Dodging’, and for good reason. When companies and wealthy individuals don’t pay their fair share of tax, it hurts us all. The hardest impacts are felt in the poorest countries, but all
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Adoption of AMLD Not an Endpoint, Citizens Want More Transparency
May 20th, 2015
Press Release for Immediate Release BRUSSELS—After months of negotiations, debate, and dialogue, the European Parliament has formally adopted the 4th Anti-Money Laundering Directive (AMLD), setting the stage for a public discussion on what further measures are needed to combat tax evasion, money laundering, and other illicit flows. “While the final adoption of the text is
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How did Moldova lose $1 billion & where does transparency fit in?
May 15th, 2015
Moldova somehow lost $1 billion, and no one is quite sure where it went. The small country of Moldova, wedged between Ukraine and Romania, has dealt with a number of struggles over the past few decades, and it remains one of Europe’s poorest countries. Almost 40% of the country’s working age population works abroad, and nearly 30% of the
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