European Union regulators sought to shame big global companies into paying their full tax bill by forcing them to publish how much they divert to offshore havens.
Amid the fury over the Panama tax-cheating leaks, roughly 6,500 companies with EU operations would be required to make public taxes paid to havens on an as yet undetermined blacklist.
The disclosure requirement wouldn't kick in until 2018 at the earliest, capturing taxes paid a year later. A fight also looms over the blacklist, to be based on an existing informal EU list of 30 "non-cooperative tax jurisdictions" including Panama, the Bahamas and Monaco.
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