Tuesday, 24 May 2016

European Commission proposes public disclosure of MNEs’ tax information

A recent European Commission proposal calls for the imposition of a public country-by-country reporting requirement on multinational enterprises (MNEs) operating in the EU. The 12 April 2016 proposal, which calls for amendments to the EU’s Accounting Directive, would require some MNEs to disclose financial information.
Source & more info: Deloitte