Topic: Economic and Financial Affairs
US net tax gap is $381 billion
Americans pay about 83.6% of their federal taxes in full and on time. After enforcement efforts are considered, the estimated share of taxes ultimately...
EU agrees on tax avoidance measures aimed at multinationals
European Union member states have struck a deal on new rules designed to eliminate the most common corporate tax avoidance practices.
EU moves closer to corporate country-by-country reporting
In a move to enhance corporate tax transparency, Economic and Financial Affairs ministers in the European Union have agreed to the automatic exchange of tax-related financial information of multinational companies, also known as country-by-country reporting.
