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EU to multinationals: pay your fair share of taxes

Brussels has tightened controls, adopted stricter rules in fight against tax dodging

TAX ISSUES: In the wake of the "Panama Papers" revelations of widespread tax avoidance practices, Brussels has toughened up its drive for tax fairness by tightening controls and adopting stricter rules. The recent shock multi-billion euro tax demand on Apple was part of that trend.


MULTINATIONALS should refrain from tax avoidance practices and pay their fair share of taxes, the head of eurozone finance ministers said on Saturday, in a new endorsement of the European Union fight against tax dodging.

In the wake of the "Panama Papers" revelations of