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Taxation

Ending EU citizens’ bank secrecy in Monaco

An EU deal with Monaco, which will make it harder for EU citizens to hide cash from the tax man in bank accounts there, was endorsed by Parliament in a vote on Thursday. Under the deal, the EU and Monaco will automatically exchange information on the bank accounts of each other’s residents, starting in 2018 […]

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Google, Apple, IKEA and McDonalds probed by Tax Rulings II Committee

Google, Apple, Inter-IKEA Group and McDonald’s would welcome more clarity and certainty about their tax liabilities in the EU, but they are concerned about the administrative compliance costs and reluctant to see tax data being made public. So said their representatives at a public hearing, held by Parliament’s Special Committee on Tax Rulings II on […]

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Ending EU citizens’ bank secrecy in Andorra

An EU deal with Andorra, which will make it harder for EU citizens to hide cash from the tax man in bank accounts there, was endorsed by Parliament in a vote on Wednesday. Under the deal, the EU and Andorra will automatically exchange information on the bank accounts of each other’s residents, starting in 2018 […]

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