Tax grilling for multinationals - EUbusiness Week newsletter 739
EUbusiness Week 739 top stories: EU leaders cautious on Turkey migrant deal; EU promises more relief for crisis-hit farmers; EU, Cuba normalise ties in 'historic step'; British business lobby says members back staying in EU; Workers rights "kneecapped" by sharing economy: unions; Fertile France leads European birth rates
Representatives of the big bad multinationals got a grilling this week
at a hearing of a special European Parliament committee on tax rulings.
MEPs heard their thoughts on a proposed directive against base erosion
and profit shifting, as well as a proposed requirement for
country-by-country reporting of profits, taxes and subsidies.
They know they are fighting a losing battle. Increasing public and political attention to their aggressive corporate tax planning practises has increased pressure for major change. And this means making the multinationals pay tax where they earn their profits.
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1. EU leaders cautious on Turkey migrant deal
European Union leaders warned hard work was needed at a summit on
Thursday to seal a deal with Turkey to curb the migration crisis,
despite signs that key hold-out Cyprus is ready to compromise.
EU doesn't know how much spent on curbing migrants: auditors
2. EU promises more relief for crisis-hit farmers
The EU said it was looking for support from the European Investment Bank
at crisis talks in Brussels aimed at helping dairy and other farmers
hit hard by plunging prices.
EU backs milk production cuts to tackle low prices
3. EU, Cuba normalise ties in 'historic step'
The EU and Cuba have signed a deal to normalise relations, including an
agreement on the delicate issue of human rights -- a breakthrough just
ahead of US President Barack Obama's historic visit to the island.
4. British business lobby says members back staying in EU
Britain's biggest business lobby says most of its members want the
country to stay in the European Union, ahead of the key referendum to be
held in three months' time.
5. Workers rights "kneecapped" by sharing economy: unions
The explosion of the sharing economy is threatening to "kneecap" workers
rights and social protection systems dating back to the 19th Century,
European Labour Unions warn.
6. Fertile France leads European birth rates
France led Europe with the highest fertility rate in 2014 with Greece
and other crisis-hit countries suffering the lowest rates on the
continent, the EU's latest data shows.
OLAF: the EU's anti-fraud agency said it may go to the bloc's highest
court after its chief was stripped of his diplomatic immunity over
claims that he illegally listened in on a phone call during a corruption
British expats challenge exclusion from EU referendum
Latest news from the European Court of Justice
EU law firms
Inside the EU Institutions
Tampon tax: the European Union said Thursday it will give its 28 Member
States the option of completely removing a tax on tampons which
feminists had denounced as unfair.
Ukraine passes graft bill needed for visa-free travel to EU
Most French also want vote on EU membership: UK study
Asylum: the Commission said Tuesday it had pushed back plans to overhaul
the bloc's asylum system until next month after it has sealed the
migration crisis deal with Turkey.
Russia Syria pullout could slow EU refugee flows: Juncker
EU suspends Burundi government aid over violence
Social democrats: French President Francois Hollande on Saturday
welcomed more than a dozen Social democrat leaders from the European
Union to Paris to discuss the migrant crisis and how to jump-start
Germany's populist AfD: from anti-euro to anti-migrant
In committee this week, Civil Liberties Committee MEPs looked at the new 'Privacy Shield' framework on EU-US transfers of personal data by private firms, and proposed a centralised EU system for asylum claims with national quotas; and the Internal Market Committee debated proposed updated rules to prevent guns ending up in the wrong hands.
21-23 Mar: European Robotics Forum 2016
21 Mar: Access to and reuse of EU legal information
21-23 Mar: European Parliament Committee Meetings
22-23 Mar: High level conference on global health security
The Week Ahead
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Cyprus & Turkey: four decades at each others' throats 10-Mar
Europe 'must share data on warzone aviation risks' 17-Mar
European car sales shift up a gear 16-Mar
Brexit would be 'disaster' for Gibraltar: leader 15-Mar
EU readying Libya sanctions: Mogherini 14-Mar
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