MEPs support mandatory corporate tax reporting and exchange of information

Canary wharf skyline

An overwhelming majority of Members of the European Parliament adopted a legislative resolution setting out a plan to reduce aggressive tax planning, evasion and avoidance by increasing the transparency of tax policies across the EU and making mandatory the automatic exchange of information on corporate taxation among national authorities.

The report was adopted by 567 votes in favour, 30 against and 53 abstentions. Continue Reading

LuxLeaks: EU parliamentarians set up a special committee to look into tax rulings

LuxLeaks: EU parliamentarians set up a special committee to look into tax rulings 

 

The EP’s political group leaders have decided to set up a special committee to look into tax rulings by member states.

The creation of the special committee was adopted with an overwhelming majority of 612 Parliamentarians voting in favour, 19 against and 23 abstaining from the vote. The MEPs who did not vote in favour of this text came mainly from the UKIP (who voted against) and French Front National (who abstained). Click here to see how each MEP voted. Continue Reading