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First published in El Pais, 13 April 2016
The European Commission (EC) launched its proposal after the publication of ‘Panama Papers.’
The EC wants multinationals tax data published annually in all EU countries in which they operate.
“The plan of the Commission is already a concern for multinationals operating in the EU,” said Xaver Ditz, Taxand Germany.
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The EC proposed a new set of measures for fiscal transparency, which adds to the package approved in January to curb tax on large engineering companies.