EU Seeks to Shame Tax Free-Riders With Business Disclosures
- Battle looms over tax-haven blacklist as part of clampdown
- Proposal needs approval by EU governments, European Parliament
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European Union regulators sought to shame big global companies into paying their full tax bill by forcing them to publish how much they divert to offshore havens.
Amid the fury over the Panama tax-cheating leaks, roughly 6,500 companies with EU operations would be required to make public taxes paid to havens on an as yet undetermined blacklist.