EU accused of ‘supporting unjust global tax system

EPA/DAVE HUNT

Supporters of the Micah Challenge, a Christian anti-poverty campaign, sit on beach chairs, holding mocktails, during a protest against the upcoming G20 summit, in the Central Business District (CBD) in Brisbane, Australia, 8 November 2014

Debt campaigners issue report showing lack of transparency, fairness


European civil society organisations have issued the second of three reports that show it’s not just Luxembourg that has a tax system that enables transnational companies to lower their tax bills, or eliminate them, often at the cost of the citizen and the developing world.

In fact, Luxembourg may not be the greatest offender.

The ‘Hidden Profits’ report says practices that facilitate tax dodging are widespread, noting that three EU members, Luxembourg, Ireland and the Netherlands are unde...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now