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Richard Stallman's Political Notes

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Multinational tax havens

dimanche 6 juin 2021 à 02:00

EU agrees to compel multinationals to publish how much tax they pay in each EU country and in some non-EU countries (though some of the biggest tax havens are missing from that list).

For countries that charge businesses no tax, will they be required to publish how much of their income flows through them?

*Microsoft Irish subsidiary paid zero corporate tax on £220bn profit last year.*

This subsidiary is only nominally Irish, since it "pays taxes" in Bermuda, and it sucks in money from around the world.