EU creating integrity-based rules - Kelleher

Rules to prevent the misuse of shell entities for tax purposes have been voted through by the European Parliament. At the consultation stage, the Irish investment fund industry complained new EU rules “could have a substantial and widespread adverse impact on investors in regulated entities”. But Fianna Fáil MEP, Billy Kelleher, says it is about striking the right balance.

 

Out words: Shell company

Dur: 0’18”