Tax Transparency Act for Multinational Enterprises Progress in the EU | Taxes

When Federal Economics Minister Peter Altmaier meets with his colleagues from the other 26 countries of the European Union (EU), it is difficult for him not to show the signs of a personal and embarrassing defeat. At the meeting of the Council of Ministers scheduled for February 25, most EU governments want to pass a law that Altmaier and his predecessors tried to prevent by all means: a reform of company law according to which transnational companies “disclose information about their taxes” have to. .