tax evasion

08 Jun: Taxing Times

Editor’s Blog: Produced in collaboration with the EU Buzz team 

Now that a global corporate tax rate has finally been agreed, after years of discussions on alleged and actual tax avoidance by international multinationals and online technology companies, can we expect imminent changes in Europe? 

Taxes are paid on trading transactions and both trade and tax rules are becoming increasingly complex as the divergence from everyday goods and services continues. Digital transactions, cryptocurrencies, encrypted data flows and varying low tax regimes or tax avoidance mechanisms, have led to trade wars and retaliation, as well as to a labelling of global …