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European Union Votes on Corporate Transparency Regulations
international |
eu |
news report
Monday July 03, 2017 16:15 by Abby Wilhelm - Jubilee USA Network
US Anti-corruption Rules Under Attack The European Parliament is set to vote on landmark corporate transparency rules known as "country-by-country" reporting. The European Parliament is set to vote on landmark corporate transparency rules known as "country-by-country" reporting. Under the new law all major multinational corporations, including US businesses that work in Europe, will publicly disclose taxes and other payments made to governments in countries where they operate. The European Union (EU) Parliament likely will vote in favor of the regulations before Wednesday and then the EU Council will make the final decision. |