Photographer: U. Baumgarten via Getty Images

EU Sets Sights on Forcing Firms to Pay Nations Tax Where Due

  • Tax package aims to gather bigger share of lost revenues
  • Plan offers binding measures to block tax-evasion methods

Companies shouldn’t be able to get away with paying very low taxes -- or none at all -- in countries where they earn profits, EU Economic Affairs and Tax Commissioner Pierre Moscovici said as he introduced a package of proposals designed to curb tax evasion.

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