Tax deals can no longer be kept hidden in the EU – Hayes

Secretive tax deals between individual EU countries and multinational companies based in those countries will have to be made available to all EU states. That’s the recommendation from the Fine Gael MEP Brian Hayes. The European Parliament today expressed its opinion on new EU rules that will oblige EU member states to share information on any “tax ruling” deals they grant to multinational companies. Brian Hayes says that will mean tax authorities in the EU, including the Irish Revenue authorities, will have to share sensitive tax details about companies operating in their territories with other tax authorities.

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