But there is still one heck of a chasm opening up. One nudge option for the EU could be to make pCbCR compliance a condition of future public procurement contracts in Member States (the rules for which are about to be reviewed). #pCbCR 3/n
Although, there are some US MNCs that are not running scared on what tax they pay and where. The following US MNCs all have the confidence to implement the EU pCbCR fully. #pcbcr
Multinationals headquartered in the UK and Japan are far more likely to implement new European tax transparency rules with integrity compared with MNCs from the US & Switzerland. Stand-out laggards include Apple, Eli Lilly, Microsoft & Oracle #pcbcr
There are some US MNCs that are not running scared on what tax they pay and where. The following US MNCs all have the confidence to implement the EU pCbCR fully. #pcbcr 2/n
Multinationals headquartered in the UK and Japan are far more likley to implement new European tax transparency rules with integrity compared with MNCs from the US & Switzerland. Stand-out laggards include Apple, Eli Lilly, Microsoft & Oracle #pcbcr 1/n fairtaxmark.net/research-fin...
Trump administration threatens to cut off funding to US accounting standard setter (FASB) unless it abandon new corporate tax transparency rules.
Meanwhile, dozens of US multinationals have read the room and already delivering much improved tax disclosures! #pcbcr fairtaxmark.net/trump-admini...
Sehr geehrter Herr Minister @OlafScholz, die europäischen Bürger möchten sehen, wo multinationale Unternehmen ihre Steuern zahlen. Wir bitten Sie, am kommenden Montag die #pCBCR zur Arbeitsgruppe für Gesellschaftsrecht mitzubringen. @EU2020DE
Guess which four countries were at the core of blocking #taxtransparency in the Council yesterday.
Yes, four of the EU tax havens @Oxfam identified (based on EU 🇪🇺 criteria, by the way).
🇱🇺 Luxembourg
🇲🇹 Malta
🇨🇾 Cyprus
🇮🇪 Ireland
#CBCR #pCBCR
x.com/TimoHarakka/st…
.@PatBreen1 @Paschald In order to #FightInequalityBeatPoverty there needs to be REAL corporate tax transparency. Will you support #PCBCR to ensure that developing countries can address #TaxDodging https://ctt.ec/cmAze+