Dodgy tax practices involving State deals with multinationals will be subject to much greater scrutiny once new EU rules come into place. That’s the view of the Fine Gael MEP Brian Hayes. He was speaking in the European Parliament which today expressed its opinion on what’s called the Mandatory Exchange of Information Directive. When it comes into force in 2017, this new EU law will oblige EU countries to share information on any “tax ruling” deals they grant to multinationals based there. Brian Hayes now explains.
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