EU Aims to Drag Corporate Tax Havens Into Open Amid Panama Furor
- European Commission to make disclosure proposal on Tuesday
- Leaked-papers case adds urgency to bloc's payment-honesty push
The Panama Papers and Tax Havens Worldwide
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European Union regulators are looking to force corporate tax avoidance via offshore havens into the open, with fresh proposals due next week made more urgent by the Panama Papers revelations.
The European Commission on Tuesday will consider how to require large companies to make public what they pay in tax in each of the 28 EU countries and possibly outside the bloc as well.